$KUCINGKO (0315.MY)$ more good news ==>[Share Link: Kucingko...

AI summary==>Kucingko Bhd is a company bound for listing on the ACE Market. The company operates in the two-dimensional animation production services segment, which has been a significant driver of its revenue growth. Here are some key details about Kucingko Bhd based on available information:

1. **Industry**: Kucingko is involved in the animation industry, specifically in producing two-dimensional animations.

2. **Financial Performance**: The company demonstrated strong financial performance, with a core net profit of RM8.4 million in FY23 and a three-year compound annual growth rate of 31.5%.

3. **Upcoming Projections**: Expected to see a 13.3% year-on-year improvement in core net profit for FY24 to RM9.5 million.

4. **Growth Challenges**: Currently facing a shortage of manpower due to ongoing projects, which may slow down the profit growth rate in the short term.

5. **Expansion Plans**: A significant portion of future expenses will be directed towards expansion and staffing, with a higher increase in net profit anticipated from FY26 onwards.

For more detailed information, it would be beneficial to refer to Kucingko Bhd's prospectus or official filings related to their ACE Market listing.