$EPB Group Berhad (0317.MY)$ see chatgpt findings for this c...

With over 30 years of experience, EPB Group Berhad specializes in food processing and packaging machinery solutions. The company has six subsidiaries involved in designing, customizing, fabricating, integrating, and automating production lines for food manufacturing and processing companies. EPB has secured a 5.8% market share of the F&B processing machinery industry in Malaysia as of 2023, with the industry projected to grow at a compound annual growth rate (CAGR) of 10.4% from RM1.90 billion in 2024 to RM2.84 billion in 2028.

Financially, EPB Group Berhad has shown consistent revenue growth over the past four years:

- 2020: RM 61.689 million

- 2021: RM 75.717 million

- 2022: RM 89.114 million

- 2023: RM 122.116 million

Net profits for the same period were:

- 2020: RM 6.215 million

- 2021: RM 12.098 million

- 2022: RM 12.658 million

- 2023: RM 14.952 million

The profit CAGR from 2020 to 2023 is approximately 33.99%.

The IPO proceeds, amounting to RM 40.08 million, will be used for factory expansion, repayment of bank borrowings, working capital, and listing expenses. The company aims to leverage the IPO to strengthen its market position, expand operations, reduce gearing, and enhance working capital【7†source】【8†source】【9†source】.

Considering EPB Group Berhad's solid financial performance, market share, and growth prospects, the IPO appears to be a promising investment. However, as with any investment, it is crucial to conduct your own due diligence and consider market conditions and personal financial goals before making a decision.