首页 社会内容详情
皇冠投注网址(www.hg108.vip):Boilermech seen to enjoy strong earnings ahead

皇冠投注网址(www.hg108.vip):Boilermech seen to enjoy strong earnings ahead

分类:社会

网址:

SEO查询: 爱站网 站长工具

点击直达

皇冠投注网址www.hg108.vip)是皇冠体育官网线上直营平台。皇冠投注网址面向亚太地区招募代理,开放皇冠信用网代理申请、皇冠现金网代理会员开户等业务。皇冠投注网址可下载皇冠官方APP,皇冠APP包括皇冠体育最新代理登录线路、皇冠体育最新会员登录线路。

Kenanga Research in a report said Boilermech was also in a sweet spot to enjoy growth from its ventures in the water treatment and biogas capture and solar energy space.

PETALING JAYA: Boilermech Holdings Bhd is set to see a post-Covid recovery in orders for its boilers from Indonesia-based oil palm plantation companies, enjoying greater pricing power due to the higher cost of the edible oil.

Kenanga Research in a report said Boilermech was also in a sweet spot to enjoy growth from its ventures in the water treatment and biogas capture and solar energy space.

“This is just as its new boiler manufacturing facility in Surabaya, which was launched in March 2021, scouts for orders from palm oil mills and food industry in the country.”

Boilermech, 52% owned by QL Resources Bhd, derives 80% of its revenue as a one-stop engineering, procurement and construction (EPC) supplier of boilers to mainly the agriculture sector, especially palm oil millers.

“The EPC segment’s workflow was interrupted during the Covid outbreak due to lockdowns and border controls which affected the group’s revenue.”

With the establishment of another production and fabrication hub, Kenanga said Boilermech should be able to better service clients in terms of speed coupled with less disruptions.

“As such, strong earnings from Indonesia can be expected over the next few years, especially as strong commodity prices have improved the investment environment in the agriculture sector, including the palm oil sector.”

,

新2备用网址www.hg108.vip)是一个开放新2网址即时比分、新2网址代理最新登录线路、新2网址会员最新登录线路、新2网址代理APP下载、新2网址会员APP下载、新2网址线路APP下载、新2网址电脑版下载、新2网址手机版下载的新2新现金网平台。新2网址登录线路最新、新2皇冠网址更新最快,皇冠体育APP开放皇冠会员注册、皇冠代理开户等业务。

,

The research outfit believes the company’s boiler EPC segment could see a revenue growth of 12.5% and 10% in financial year 2023 (FY23) and FY24, respectively, adding however that pre-tax profit margins are likely to stay subdued in FY23, before expanding as operating cost normalises in FY24.

The EPC segment’s pre-tax earnings is expected to grow 6.1% year-on-year to RM19.4mil in FY23, before picking up in FY24 to RM28.8mil.

Boilermech’s water treatment and biogas segment operates in Kuching, Bintulu, Miri, Sandakan, Johor and the Klang Valley, with plans to develop the business in Indonesia as well.

This segment generally treats the effluent released from palm oil mills into ponds nearby, which also produces methane gas.

As of FY21, the group’s water treatment segment posted a pre-tax profit of RM3.2mil, which grew in FY22 to RM5.2mil.

“We expect earnings growth from this segment to continue, with an estimated FY23 pre-tax profit of RM6mil and RM7.2mil for FY24,” Kenanga said.

Boilermech ventured into the solar photovoltaic EPC industry with the acquisition of TeraVA in 2020.

Kenanga expects Boilermech’s solar energy venture to contribute earnings of RM4.9mil in FY23 and RM5.8mil for FY24.

发布评论