Econframe Berhad has wrapped up its FY2024 on a high note, and its annual report showcases the company’s strong performance and solid growth plans.
Here’s what you need to know:
Record-Breaking Revenue and Generous Dividends
Econframe recorded its highest-ever revenue of RM103.5 million in FY2024, a significant 36.4% jump from RM75.9 million last year. This marks the third year in a row the company has hit record revenue.
To share the succes...

ECONFRAME BERHAD (EFRAME) closed at RM0.575 yesterday, maintaining well above its key support levels of RM0.570 (S1) and RM0.530 (S2) respectively, complimented by consistent trading volume. We identified a triple bottom pattern for the company followed by a consolidation pattern, which Bollinger Band too, sees a narrowing, together with our proprietary MACD indicator. We urge investors to build position at the current level while waiting for a confirmation...

Econframe Berhad announced its unaudited results for the FY2024 Q4, showing solid revenue growth despite cost pressures. The Group recorded a revenue of RM24.4 million, up 15.8% from RM21.0 million in the corresponding quarter of FY2023, driven primarily by the manufacturing segment, which contributed RM20.5 million, an 18.2% increase year-over-year.
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For the full financial year, Econframe reported a revenue of RM103.5 million, a 36.4...

The Budget 2025, presented in Parliament on 18 October 2024, demonstrates the government’s commitment to fiscal consolidation by reducing overall expenditure to tackle the national deficit.
While much of the spotlight has been on property development companies, it’s crucial to explore the broader spectrum of beneficiaries arising from the new measures, particularly in the context of tax reforms targeting individuals.
One of th...

EFRAME has just taken a major step in strengthening its market presence and operational efficiency with a new corporate exercise. As a long-time investor in EFRAME, this latest news caught my attention.
Let’s dive into what’s happening and why it could be game-changing for the company.
A New Subsidiary and Asset Acquisition
EFRAME has incorporated a wholly-owned subsidiary, Duroe Glass Sdn Bhd, and has entered into an agreement to purcha...

In a move that marks a significant leap forward for Malaysia's aluminium sector, Econframe Berhad, a titan in the production of aluminium door frames for the residential market, has expanded its market dominance through a strategic acquisition.
January 2023 saw EFRAME acquiring a commanding 65.0% stake in Lee & Yong Aluminium Sdn. Bhd. (Lee & Yong), a distinguished manufacturer of aluminium window frames and provider of building fa...

Econframe's director Lim Chin Horng is optimistic about growth prospects after acquiring Lee & Yong Aluminium and planning to expand production. The acquisition of a 70% stake in ETA World is part of its growth strategy and is expected to enhance and diversify its bottom line.

KLCI closed red around the 1491 points region with an overall bearish market sentiment as we saw over 830 counters closing red along with it for the day. Daily trading volume remained around the 5 billion mark today.
Main stocks that showed strong buying momentum today would be the likes of MINETEC, MRCB, E&O, YTL, UEMS, and SIME. All of which were able to sustain their rallies throughout the day on the top volumes list despite the weak market sentiment.
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Good morning mooers! Here are things you need to know about today's market:
●Foreign investors sell net equities in Bursa Malaysia, snapping four-week streak of net inflows
●HSBC Global Research forecasts 4% rise in FBM KLCI on trade diversion theme
●Stocks to watch: Sunview Group
-moomoo News MY
Breaking News
Foreign Investors Sell Net Equities in Bursa Malaysia, Snapping Four-Week Streak of Net Infl...