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Earnings highlight: MYEG and SDG

Earnings highlight: MYEG and SDG
MY E.G. Services (MYEG) posted a 62.5% increase in net profit for 3Q24, reaching RM195.05m compared to RM120m in the same period last year. Revenue for the quarter rose 27.8% to RM248.13m from RM194.12m, boosted by contribution from Web 3.0 application service fees on the Zetrix blockchain platform and fair value gain from its investment in HeiTech Padu, among others.
SD Guthrie (SDG) reported a 36.8% year-on-year drop in net profit for 3Q24, falling to RM766m from RM1.21b. The decline was primarily due to the absence of gains from land disposals recorded in the previous year. However, quarterly revenue increased by 10.3% to RM5.27b from RM4.77b, driven by the rise in CPO prices.
📌Investors who are keen to trade any post-earnings volatility in these companies' shares may wish to consider Macquarie Warrant Malaysia's focus warrants listed in the image above.
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    Macquarie Warrants Malaysia
    The official account of Macquarie Warrants Malaysia
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