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Velesto Energy Bhd's net profit doubled in the financial year 2024 (FY24), driven by strong performance in drilling services segment.
The net profit in the period surged to RM207.7 million from RM99.5 million a year ago.
Its revenue grew to RM1.36 billion, a 12 per cent increase from RM1.2 billion.
Velesto declared second interim dividend of one sen per share amounting to RM82.156 million that will be paid on May 23.
V...
The net profit in the period surged to RM207.7 million from RM99.5 million a year ago.
Its revenue grew to RM1.36 billion, a 12 per cent increase from RM1.2 billion.
Velesto declared second interim dividend of one sen per share amounting to RM82.156 million that will be paid on May 23.
V...
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Global Market
$Donald Trump (LIST22962.US)$ holds off on Immediate China tariffs and Trump to lay out trade vision but won't impose new tariffs yet. Trump’s trade memo directs agencies to review trade deficits, unfair practices, and agreements like USMCA, focusing on China’s Phase One compliance. It explores currency manipulation, counterfeit goods, and a potential "External Revenue Service" for tariff collection, avoiding im...
$Donald Trump (LIST22962.US)$ holds off on Immediate China tariffs and Trump to lay out trade vision but won't impose new tariffs yet. Trump’s trade memo directs agencies to review trade deficits, unfair practices, and agreements like USMCA, focusing on China’s Phase One compliance. It explores currency manipulation, counterfeit goods, and a potential "External Revenue Service" for tariff collection, avoiding im...
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$VELESTO (5243.MY)$ Very well controlled at 165, it's impossible to reach 170 in this lifetime.
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$VELESTO (5243.MY)$ single digit PE, and starting got dividend. Waiting for its glory days rm4.00 plus. Anyone bought at above rm1 plus?
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$VELESTO (5243.MY)$ my prediction is Q3 result gonna drop from Q2 cos 3 rigs were under maintenance and therefore not making money for them in Q3 , but Q4 onwards shud be good. so im not buying anytime soon although its dirt cheap right now
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predictor
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$GDB (0198.MY)$
Good entry price, I cant wait for next QR, hopefully their management will start to pay dividend.
Good entry price, I cant wait for next QR, hopefully their management will start to pay dividend.
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