Closing Day 3 at the World Travel Market (WTM) in London, we celebrate not only promising connections but a full event of trailblazing ideas coming together to reshape the future of tourism.
Trojena is proud to end our 3rd year of participation at @WTMLDN on a high note, showcasing the tremendous development milestones we achieved in 2024 and ultimately showing how Trojena will redefine luxury mountain tourism.
Trojena thanks those that made this year's event possible - we're already looking forward to the next one!
Come and visit #Trojena at Cityscape Global and see how the vision for future living in the mountains of NEOM is taking shape. Cityscape Global in Riyadh, Nov 11-14. Join us at the world’s largest real#CityscapeGlobal2024
Do the next quarter look any better,a doubt.but if it go for 2 consecutives quarter of strong profit let say 25-40 million net profit,there will be something intresting.tp rm 1. Looking for early december then talk again. 24/11/24 11.20am
Kuwait University Stadium Track & Field Stadium in Kuwait Eversendai Construction W.L.L, Kuwait was awarded the Track & Field Stadium Steelwork Package of Building-G in Kuwait University Project.
The total Tonnage of Steelwork in this Project is 8451MT. This project is located in Sabah Al Salem University City in Kuwait.
The scope of Eversendai was to provide Connection Design, Shop Drawings, BIM Implementation & Coordination, Erection Engineering Study & Stage Analysis, 3D Modelling, Workshop Fabrication Drawings, Supply, Fabrication, Composite Floor Decking, and Erection of Structural Steel Works. All the Design, Engineering & Detailing scope of works was completely taken care of In-House Engineering Department of Eversendai Dubai Office and successfully completed in line within the project schedules.
Review of Group with Comparison in Current Quarter to immediately Preceding Quarter
The Group reported revenue and Profit before tax of RM235.2 million and RM8.9 million respectively in the current quarter as compared to revenue of RM275.5 million and Profit before tax of RM4.8 million in the immediately preceding Quarter. The decline in revenue is attributable to the final stages of completion of major projects in the Middle East while marginal increase in Profit before tax is mainly attributable to forex gains. Revenues from newly commenced projects would significantly contribute to Group revenue in coming Quarters. 24. Prospects of the Group With the Group’s current outstanding order book of RM5.7 billion and continuous reorganisation of resources with a strong focus on optimisation of costs and improving efficiency in its operations, the Group believes that the path of recovery is in motion. With the settlement of the Ijarah loan for Vahana Aryan and the partial settlement of the Term loan with proceeds from disposal of a non-core land asset in Malaysia, the Group’s total borrowings have reduced by 42.8% from RM1,051.7 million to RM601.2 million during the current period. The Group is making further efforts to restructure its borrowings and strengthen its liquidity position. The Trojena Ski Village project secured from Neom in Kingdom of Saudi Arabia is progressing well. The Design & Engineering works are on-going and the first steel structure was erected at the project site on 20 June 2024, meeting the first contractual milestone. The newly awarded Projects in the Middle East and India have commenced and are progressing. With the current outstanding order book, the Group foresees optimal utilisation of all its fabrication facilities in the coming quarters. The Group is optimistic of its future prospects to achieve improvised financial performance.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Carlo Rino Group Berhad, a leading fashion retailer of women’s handbags, footwear, and accessories, aims to list on the ACE Market!
MQ Trader 1714 views | 4 d ago
0:17
New IPO: A homegrown air fragrance company, Vanzo Holdings Berhad aims to list on the Ace Market!
MQ Trader 1530 views | 5 d ago
0:17
New IPO: Winstar Capital Berhad, a specialist in the extrusion of aluminium profiles and fabrication of aluminium ladders aims to list on the ACE Market!
MQ Trader 1735 views | 6 d ago
0:17
New IPO: Topvision Eye Specialist Berhad, specializing in medical eye care services aims to list on the ACE Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
InfinityTifanny
312 posts
Posted by InfinityTifanny > 1 month ago | Report Abuse
Many counters are not for the negatives now 😁