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").
全面的門系統解決方案供應商Econframe Berhad（“Econframe”或“集團”）報告稱，截至2024年5月31日的9個月期間（“9MFY24”），該集團實現了最佳表現。該集團的營業收入同比增長44.1％，達到7910萬林吉特，而去年同期則爲5490萬林吉特。這一卓越增長是由其子公司Lee and Yong Aluminium Sdn Bhd（“LYASB”）的強勁銷售和貢獻推動的。
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.
該公司9MFY24的稅前利潤（“PBT”）同比增長8.2％至1330萬林吉特，而去年同期爲1220萬元林吉特。然而，由於與LYASb收購有關的無形資產攤銷爲300萬元林吉特，所以此增長有所修正。不包括這一非現金項目，在此期間調整後的PBT將達到1620萬元林吉特。
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還實現了最高淨利潤，包括同時考慮到非控股利益，淨利潤爲920萬林吉特，而上年同期爲900萬林吉特。
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."
集團董事總經理林清鴻先生評論道：“我們很高興地宣佈集團歷史上最佳的9個月業績。我們對Econframe的未來充滿樂觀，因爲我們已經獲得了新的項目，這些項目增強了我們的60檔擺盤併爲我們提供了強勁的收益可見性。我們繼續看到門和鋁業務領域有大量的機會，這使我們能夠不斷補充我們的訂貨簿。”
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."
林先生進一步強調了與LYASB協同效應的好處，並表示：“我們與LYASB的合作使我們能夠通過Econframe的廣泛網絡獲得額外的項目。 LYASB正在進行產能擴張，將有助於滿足不斷增長的訂單需求。此外，我們正在探索新的業務機會，這將補充我們的核心業務並使我們的營業收入多樣化。”
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.
對於第三季度（“3QFY24”），Econframe報告營業收入2490萬林吉特，同比增長27.3％。該季度的PBT爲160萬林吉特，經調整後的PBT爲460萬林吉特，這與3QFY23的貢獻相一致。
The Group remains optimistic about its future prospects, supported by a healthy order book and promising new opportunities.
該集團對其未來前景保持樂觀，得到健康的60檔擺盤和前景廣闊的新機會的支持。