SARAWAK CONSOLIDATED IND BHD

KLSE (MYR): SCIB (9237)

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Last Price

0.355

Today's Change

0.00 (0.00%)

Day's Change

0.345 - 0.36

Trading Volume

7,717,600


7 people like this.

22,200 comment(s). Last comment by Felix888 5 hours ago

Trader6666

328 posts

Posted by Trader6666 > 2023-11-29 09:18 | Report Abuse

lai lai...kerja belakang Naim

Signal

186 posts

Posted by Signal > 2023-11-29 10:10 | Report Abuse

10 minggu dah hijau !

Cakes Moon

6,777 posts

Posted by Cakes Moon > 2023-11-29 13:16 | Report Abuse

Everyday green without fail~

Yezzy99108

365 posts

Posted by Yezzy99108 > 2023-11-29 14:56 | Report Abuse

operator last miles push before full dump by end of trading week. Last warning - RSI overbought at 95 now. Don't be greedy and don't cry mum n dad when your profit vanish soon

manka

608 posts

Posted by manka > 2023-11-29 14:58 | Report Abuse

aikkk...tiba2 74ct...bahaya ni...kihkihkhikhih

Posted by Activestream > 2023-11-29 15:33 | Report Abuse

today QR day hopefully its a nice report

Yezzy99108

365 posts

Posted by Yezzy99108 > 2023-11-29 15:43 | Report Abuse

bad or good QR irrelevant, now the selling has started to show

mary123

68 posts

Posted by mary123 > 2023-11-29 16:44 | Report Abuse

sell! Sell! run! run!

manka

608 posts

Posted by manka > 2023-11-29 17:12 | Report Abuse

why sell...why run..?

Jerung

231 posts

Posted by Jerung > 2023-11-29 17:37 | Report Abuse

Will there be a new major shareholder appearing, seem I accumulation state liken to Ptrans, when announced then the price Boom, hopefully la :)

Leong938

113 posts

Posted by Leong938 > 2023-11-29 18:14 | Report Abuse

Believe in yourself. Not what other people comment. If you have holding power this SCIB will still move.

mijiki3

77 posts

Posted by mijiki3 > 2023-11-29 18:24 | Report Abuse

Sarawak Consolidated Industries Bhd (SCIB) has secured Islamic banking facilities of up to RM34 million, which will be used to redeem property, as working capital and operating expenditure. Its wholly-owned subsidiary SCIB Concrete Manufacturing Sdn Bhd (SCM) accepted the Islamic banking facilities from Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank) on Friday, according to the civil engineering specialist’s bourse filing. (TheEdge)

mijiki3

77 posts

Posted by mijiki3 > 2023-11-29 18:28 | Report Abuse

or Immediate Distribution
Page 1 of 2
SCIB’s Revenue Soar To RM39.4 Million With Profits Hit RM2.1 Million
Remarkable Turnaround to Profitability Highlights Management's Strategic Expertise and Promising Prospects
KUCHING, 29 NOVEMBER 2023 – Industrialised building systems specialist, Sarawak Consolidated
Industries Berhad ("SCIB" or the "Company"), today celebrates a significant milestone in its Q1FY2024
financial results. Demonstrating a remarkable turnaround, SCIB has not only boosted its revenue but also
transitioned into profitability, a testament to the strategic acumen and diligent efforts of its management team.
The Group announced a robust revenue of RM39.4 million for the quarter, a stellar 30% increase from the
RM30.3 million recorded in the same period last year. This strong performance is further accentuated by a profit
before tax (“PBT”) of RM2.1 million, a remarkable recovery from the loss of RM0.9 million in the corresponding
quarter of the preceding fiscal year.
The Manufacturing division, the cornerstone of SCIB's success, reported a revenue of RM29.6 million and a
PBT of RM4.2 million. This is a significant uplift from the RM24.2 million in revenue and RM1 million in PBT
seen in the same quarter of the previous year, driven by increased sales volume of foundation piles and
enhanced profit margins.
In the Construction/EPCC segment, the Company registered revenue of RM9.8 million, a positive development
attributed to ongoing road maintenance and school projects, despite a marginal loss before tax (“LBT”) of RM0.3
million, primarily due to higher expenditures.
In the latest quarter, SCIB's financial performance significantly outstripped the previous period, with revenue
soaring by 18.3% to RM39.4 million. This marked increase is a testament to the Company's robust sales and
operational efficiencies. More impressively, PBT witnessed a remarkable leap, which is a clear indication of
SCIB's successful strategic turnaround and management's effective decision-making in navigating the market
and optimising operations. This outstanding growth in both top-line revenue and bottom-line profits underscores
SCIB's strong market position and operational excellence

mijiki3

77 posts

Posted by mijiki3 > 2023-11-29 18:30 | Report Abuse

Mr. Ku Chong Hong, Managing Director of SCIB said, “This quarter's performance is
a clear indicator of SCIB's resilience and strategic prowess. Our return to profitability is
not just a number; it's a story of our relentless pursuit of excellence and efficiency in all
our operations. We're now reaping the benefits of our focused strategies and robust
management practices. Looking forward, we are excited about the prospects and
opportunities that lie ahead, especially with Malaysia's economic resurgence and the
initiation of substantial infrastructure projects. SCIB is fully committed to capitalising on
these opportunities to create lasting value for our stakeholders.”
Ku Chong Hong,
Managing Director of
SCIB (Link)
Page 2 of 2
SCIB's strategic moves, including the recent MOUs with Irix Sdn. Bhd. and PT MRT Jakarta and securing Islamic
Banking Facilities of RM34.0 million, are propelling the Company towards new horizons of growth. With a strong
order book balance of RM257.19 million, SCIB is well-positioned to further its expansion and continue its
trajectory of sustainable growth.
In conclusion, SCIB's Q1FY2024 results are not just figures but a testament to the Company's dynamic
leadership and its unwavering commitment to excellence. As the economic landscape evolves, SCIB stands
ready to embrace new challenges and opportunities, steering confidently towards a future filled with promise
and success

hhhiii123

644 posts

Posted by hhhiii123 > 2023-11-29 18:57 | Report Abuse

Profitable qr, tomorrow shoot to the sky

Eagle77

2,839 posts

Posted by Eagle77 > 2023-11-29 19:11 | Report Abuse

Bombastic report it’s GAMUDA of Sarawak ⬆️⬆️⬆️✅✅✅🫰🏻

izoklse

5,182 posts

Posted by izoklse > 2023-11-29 19:57 | Report Abuse

walau wei. Amazing QR report. Good job and well done SCIB management.

Eagle77

2,839 posts

Posted by Eagle77 > 2023-11-29 22:14 | Report Abuse

The share price now supposedly higher than Ibraco ⬆️✅🫰🏻

Eagle77

2,839 posts

Posted by Eagle77 > 2023-11-29 22:25 | Report Abuse

Ibraco qr report very far behind Scib also could reach 1.00/share so Scib is so undervalued stock with excellent achievements and great potential 🫰🏻⬆️✅

Eagle77

2,839 posts

Posted by Eagle77 > 2 months ago | Report Abuse

Huge investment secured in Sarawak🫰🏻tons of money 💰 goes into the state and construction projects flourishing as mushroom after the rains ⬆️⬆️⬆️✅✅✅💪🤞

Eagle77

2,839 posts

Posted by Eagle77 > 2 months ago | Report Abuse

Give 1,2,3 times limit up ⬆️⬆️⬆️✅✅✅🫰🏻

Eagle77

2,839 posts

Posted by Eagle77 > 2 months ago | Report Abuse

SCIB will very soon 🔜back to its golden years 2020 price 6.00/share ⬆️⬆️⬆️✅✅✅🫰🏻

Posted by Activestream > 2 months ago | Report Abuse

What Wheat are you smoking Ibraco's revenue and net profit is way higher than SCIB , you dunno how to see the
figures don't over hype without actual facts !!!!

Eagle77

Ibraco qr report very far behind Scib also could reach 1.00/share so Scib is so undervalued stock with excellent achievements and great potential

Trader6666

328 posts

Posted by Trader6666 > 2 months ago | Report Abuse

Good potential company no need to over promote it, scary !! Congrats SCIB Managenement for persistently strive to survive.

rainman777

784 posts

Posted by rainman777 > 2 months ago | Report Abuse

Hahahaha cantiknya,hijau lagi relax lah, Wakaka

mijiki3

77 posts

Posted by mijiki3 > 2 months ago | Report Abuse

hopefully can fly to RM1

civicfk8

30 posts

Posted by civicfk8 > 2 months ago | Report Abuse

Son getting ready to shoot up

Chellons

34 posts

Posted by Chellons > 2 months ago | Report Abuse

Congrats scib holders. 400% after 52weeks

Haleluya

186 posts

Posted by Haleluya > 2 months ago | Report Abuse

So active since June, a very great and marvellous operator team, making everyone dapat money from here

manka

608 posts

Posted by manka > 2 months ago | Report Abuse

kena perhati betul2 anak...mcm mau terbang..

Eagle77

2,839 posts

Posted by Eagle77 > 2 months ago | Report Abuse

SCIB = GAMUDA ⬆️⬆️⬆️✅✅✅🫰🏻

Eagle77

2,839 posts

Posted by Eagle77 > 2 months ago | Report Abuse

Year 2020 price 6.00/share so now the QR marvellous and management team excellence 💪🫰🏻⬆️✅

juon

249 posts

Posted by juon > 2 months ago | Report Abuse

oh....sini you rupanya....masih hidup wor....lol

manka

608 posts

Posted by manka > 2 months ago | Report Abuse

baru pikir mau q 1ct...sudah naik 0.05ct...sangat bahaya kalau terlepas...kihkihkhikhih

juon

249 posts

Posted by juon > 2 months ago | Report Abuse

ini Abdul Karim punya counter you pun main, hati-hati nanti letup macam serbuk dynamite

Eagle77

2,839 posts

Posted by Eagle77 > 2 months ago | Report Abuse

YTL from 0.70 up to 1.70 no problem so SCIB ⬆️✅🫰🏻

juon

249 posts

Posted by juon > 2 months ago | Report Abuse

lol, I really salute to you eagle....see money take money, no take money, later jadi burung panggang

rainman777

784 posts

Posted by rainman777 > 2 months ago | Report Abuse

Hahahaha hari hari naik sikit hahahaha tak lama jadi bukit Damansara, Wakaka

Eagle77

2,839 posts

Posted by Eagle77 > 2 months ago | Report Abuse

Company banyak untung ma…profitable and future robust businesses highly potential ⬆️✅🫰🏻

Siang9282

309 posts

Posted by Siang9282 > 2 months ago | Report Abuse

Gogogo

rainman777

784 posts

Posted by rainman777 > 2 months ago | Report Abuse

Hahahaha alamak u sudah blur blur kah,cepat pergi check bod,hahahah lagi mung Tiong Tiong,wakaka

manka

608 posts

Posted by manka > 2 months ago | Report Abuse

ayooo yoo...anak sudah start gerak..

Yezzy99108

365 posts

Posted by Yezzy99108 > 2 months ago | Report Abuse

once break to 75 cent support it's landslide. Overbought RSI 97

Trader6666

328 posts

Posted by Trader6666 > 2 months ago | Report Abuse

rasa macam mahu limit up

Trader6666

328 posts

Posted by Trader6666 > 2 months ago | Report Abuse

jangan limit up, kasih chance sikit

civicfk8

30 posts

Posted by civicfk8 > 2 months ago | Report Abuse

If mother limit up few times imagine how much profit can gain from son as it catching up the mother or possible warrant extension … high risk higher gain

fruitcake

725 posts

Posted by fruitcake > 2 months ago | Report Abuse

🎄🎄🎄✨🎈

rainman777

784 posts

Posted by rainman777 > 2 months ago | Report Abuse

Hahahaha Santa clause come to shopping Mall kasi 🧧🎁 gift cantik punya u mau kah, hahahaha nanti u lepas sakit hati loh, Wakaka

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