Market Mover | CREST Rose by 2.86% on Its IPO Debut

Significantly, CREST published its financial report for the second quarter of 2024 on September 27. The report revealed that the company's revenue for the quarter reached RM39.63 million, with a net profit attributable to shareholders of RM3.64 million and earnings per share (EPS) of 0.42 sen.

About company: Crest Group is a business entity that specializes in providing imaging, analytical, and testing solutions. Its range of services includes pre-sales consulting, the sale and customization of equipment, installation and commissioning, and user training for its imaging, analytical, and testing solutions. Additionally, the group provides after-sales services such as technical support, maintenance, and sales of spare parts and consumables.

The funds raised, totaling RM45.747 million, will be allocated towards several key areas: establishing a centralized headquarters, business expansion, acquisition of demonstration equipment, technical support and maintenance team expansion and listing expenses.