Aneka latest QR Summary

Summary of AJH's Q3 2024 Financial Report

💰 Financial Position:
- **Total Assets**: RM 217.124 million, a slight decrease from RM 234.032 million as of August 2023.
- **Total Equity**: RM 94.315 million, compared to RM 91.896 million in the previous period.
- **Net Assets per Share**: Increased to RM 0.13 from RM 0.12.

**Profit and Loss:**
- **Profit Before Tax (PBT)**: Increased by 188.4% to RM 2.154 million from RM 0.747 million in the same quarter last year.
- **Revenue**: Grew by 10.03% to RM 39.228 million from RM 35.651 million in the preceding quarter.
- **Earnings per Share (EPS)**: Basic EPS improved to 0.086 sen from a loss of 0.63 sen in the previous year.

🔧 Operational Highlights:
- **Non-current Liabilities**: Slight reduction from RM 17.166 million to RM 15.394 million.
- **Current Liabilities**: Decreased from RM 124.970 million to RM 107.415 million.

📊 Outlook and Prospects:
- The company remains optimistic due to the Malaysian economy's growth, driven by increased household spending, export turnaround, and strong investment activities.
- Potential risks include weaker external demand, geopolitical conflicts, and declines in commodity production.
- AJH plans to improve operational efficiencies, explore new business opportunities, and benefit from major construction and infrastructure projects in the southern region.

⚠️ Conclusion on Investment Worthiness
**Strengths:**
- Significant improvement in profit and revenue.
- Positive outlook supported by economic growth and new business opportunities.
- Reduced liabilities and improved net assets per share.

**Risks:**
- Economic uncertainties such as external demand and geopolitical tensions.
- Dependence on the performance of construction and infrastructure projects.

Based on the financial performance, growth prospects, and reduced liabilities, AJH shows strong potential for investment. However, investors should consider the economic risks and the company's reliance on external factors for sustained growth.