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There is no time to delay Green Energy in the data center

Comprehensive analysis of KAB (Kinergy Berhad, stock code: 0193)

#### 1. Cooperation and projects
- **Partnering with Johor Institutions**: KAB works with Johor Corp through its subsidiary KAB Energy Holdings Sdn Bhd to develop energy-efficient data center projects focusing on renewable energy solutions and clean energy initiatives. The partnership aims to promote sustainable energy development in Malaysia and address customer demand for green data centers.
- **Sustainable Energy Solutions**: The company is undertaking several sustainable energy solution projects, particularly energy saving measures for data centers. These projects are expected to provide long-term growth opportunities for the company.

#### 2. Financial performance
- **2023 Financial Performance**: As of December 2023, KAB reported revenue of MYR0.19941 billion and net profit of MYR 28.66 million. Compared to previous years, the company's revenue and net profit both increased significantly, indicating that its strategic initiatives are gradually yielding expected financial returns.
- **Financial data for previous years**:
- 2023: Revenue of MYR0.19941 billion, net profit of MYR28.66 million, and earnings per share (EPS) of MYR1.5800.
- 2022: Revenue of MYR0.190527 billion, net profit of MYR28.93 million, EPS of MYR0.1600.
- 2021: Revenue of MYR0.17444 billion, net profit of MYR43.52 million, EPS of MYR0.3300.
- 2020: Revenue of MYR0.150,806 billion, net profit of MYR54.34 million, EPS of MYR0.6300.

#### 3. Market analysis
- **Technical Analysis**: As the government relaxes net energy metering (NEM) and private use (Selco) conditions for photovoltaic (PV) projects, KAB has huge potential in the renewable energy sector. Analysts believe that KAB is preparing to break through the current downward trend and is expected to have significant market performance in the future.
- **Green Data Center Demand**: The market demand for green data centers is growing, and customers are demanding that data centers be more energy efficient and sustainable. The Malaysian Communications and Multimedia Commission is drafting technical specifications for green data centers, which provides KAB with new market opportunities.

#### 4. Future prospects
- **Sustainable Energy Projects**: KAB's participation in data centers, solar energy, and other environmental, social and governance (ESG) related projects is expected to drive the company's long-term growth. The company's strategic focus is to further enhance market competitiveness by providing solutions that meet new standards.
- **Government support**: The government's relaxation of energy metering and self-use conditions will help promote the implementation of more solar projects, which will have a positive impact on KAB and related projects.

#### 5. Investments and valuations
- **Investment potential**: KAB has received attention for its growth potential in the energy sector. Despite current market fluctuations, the company provides investors with opportunities for long-term returns through its strategic partnerships and a sound financial foundation. Analysts believe that with the gradual implementation of the project, KAB's market performance and financial situation will further improve.

In summary, Kinergy Energies Berhad (KAB) has shown strong development potential in renewable energy and data center energy saving projects. The company gradually enhances its market competitiveness and financial performance through strategic cooperation and project implementation, and is one of the potential stocks investors are concerned about.
The search volume of KAB's major platforms has increased dramatically over the past month, and market attention and influence are playing a role.
There is no time to delay Green Energy in the data center
There is no time to delay Green Energy in the data center
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