Econframe Posts Record Nine-Month Performance With Strong Revenue Growth
Econframe Posts Record Nine-Month Performance With Strong Revenue Growth
Total door system solution provider, Econframe Berhad ("Econframe" or "the Group"), has reported its best-ever performance for the nine-month period ending 31 May 2024 ("9MFY24"). The Group's revenue surged by 44.1% year-on-year ("YoY") to RM79.1 million, up from RM54.9 million in the previous year. This remarkable growth was driven by robust sales and contributions from its subsidiary, Lee and Yong Aluminium Sdn Bhd ("LYASB").
全面的门系统解决方案供应商Econframe Berhad（“Econframe”或“集团”）报告称，截至2024年5月31日的9个月期间（“9MFY24”），该集团实现了最佳表现。该集团的营业收入同比增长44.1％，达到7910万林吉特，而去年同期则为5490万林吉特。这一卓越增长是由其子公司Lee and Yong Aluminium Sdn Bhd（“LYASB”）的强劲销售和贡献推动的。
The company's profit before tax ("PBT") for 9MFY24 saw an 8.2% YoY increase to RM13.3 million, compared to RM12.2 million in the previous year. However, this increase was moderated by RM3.0 million in amortisation of intangible assets related to the acquisition of LYASB. Excluding this non-cash item, adjusted PBT for the period would have reached RM16.2 million.
该公司9MFY24的税前利润（“PBT”）同比增长8.2％至1330万林吉特，而去年同期为1220万元林吉特。然而，由于与LYASb收购有关的无形资产摊销为300万元林吉特，所以此增长有所修正。不包括这一非现金项目，在此期间调整后的PBT将达到1620万元林吉特。
Econframe also achieved its highest-ever profit after tax and non-controlling interest ("PATNCI"), with a net profit of RM9.2 million, compared to RM9.0 million in the previous year.
Econframe还实现了最高净利润，包括同时考虑到非控股利益，净利润为920万林吉特，而上年同期为900万林吉特。
Group Managing Director, Mr. Lim Chin Horng, commented, "We are delighted to report our best-ever nine-month performance in the Group's history. We are optimistic about Econframe's future, having secured new projects that have bolstered our order book and provided us with strong earnings visibility. We continue to see significant opportunities in both the doors and aluminium sectors, allowing us to consistently replenish our order book."
集团董事总经理林清鸿先生评论道：“我们很高兴地宣布集团历史上最佳的9个月业绩。我们对Econframe的未来充满乐观，因为我们已经获得了新的项目，这些项目增强了我们的60档摆盘并为我们提供了强劲的收益可见性。我们继续看到门和铝业务领域有大量的机会，这使我们能够不断补充我们的订货簿。”
Mr. Lim further highlighted the benefits of synergies with LYASB, stating, "Our partnership with LYASB has enabled us to secure additional projects through Econframe's extensive network. LYASB's ongoing capacity expansion will help fulfil the increased order demand. Additionally, we are exploring new business opportunities that will complement our core operations and diversify our revenue streams."
林先生进一步强调了与LYASB协同效应的好处，并表示：“我们与LYASB的合作使我们能够通过Econframe的广泛网络获得额外的项目。 LYASB正在进行产能扩张，将有助于满足不断增长的订单需求。此外，我们正在探索新的业务机会，这将补充我们的核心业务并使我们的营业收入多样化。”
For the third quarter ("3QFY24"), Econframe reported revenue of RM24.9 million, a 27.3% YoY increase. PBT for this quarter was RM1.6 million, with an adjusted PBT of RM4.6 million, consistent with 3QFY23 following a shift in product mix contribution.
对于第三季度（“3QFY24”），Econframe报告营业收入2490万林吉特，同比增长27.3％。该季度的PBT为160万林吉特，经调整后的PBT为460万林吉特，这与3QFY23的贡献相一致。
The Group remains optimistic about its future prospects, supported by a healthy order book and promising new opportunities.
该集团对其未来前景保持乐观，得到健康的60档摆盘和前景广阔的新机会的支持。