For the period February 2024, the companies that delivered outstanding quarter results are mainly companies that involved in the Property Industry and Digital Services.

Companies that deliver excellent results and announce their financial result during Feb 2024 are included in this list.

Company Note Industry
Hextar Global Strong performance for durian cultivation segment Agriculture
D&O Increased capacity utilisation, coupled with improved cost management and productivity enhancements. Auto Parts
Hume Cement Better cement selling price and higher sales volume Building Material
Malayan Cement Better cement and concrete selling price and higher sales volume Building Material
Kia Lim Higher sales volume and higher selling prices for brick products Building Material
Lion Posim Stronger sales from steel product and lubricants Building Material
Sunway Berhad Better performance across all segment Conglomerate
Varia Strong contribution from the newly acquired Pembinaan Teguh Maju Sdn Bhd Construction
BDB Stronger performance from construction division Construction
LFE Corp Increased profit from projects Construction
Cuscapi Bhd Higher revenue and profit due to gain from digital asset which as marked to market subsequent to the listing  of the digital assets on a recognised and regulated exchange. Cuscapi and Binance invested in MX Global, a crypto exchange Digital Service
CTOS Strong performance for international segment after consolidating the newly acquried Finscore. Digital Service
IRIS Corp Higher delivery of eID cards and e-Passports for overseas projects Digital Service
K-One Stronger performance from cloud sales Digital Service
My EG Contribution from Zetrix blockchain platform and sale of Zetrix tokens Digital Service
VSTecs Higher sales from ICT Distribution and Enterprise System segments Digital Service
Radiant Globaltech More revenue due to deployment in projects in business segment. Digital Service
Powerwell Growth in revenue was driven primarily by the delivery of higher value projects involving LV switchboards and switchgears panels. Electrical Equipment
Eita Resources Higher revenue for high voltage system division, higher profit from manufacturing segment Electrical Equipment
Southern Cable Increased sales of aluminium rods, as well as the supply of rectifier and battery systems to the telecommunications sector. Electrical Equipment
Geshen Unrealised forex gain, higher sales and better margin. Positive contribution from newly acquired Kibaru Manufacturing EMS
Petra Energy Higher Vessel Utilization Rate Energy
T7 Global More works for upstream oil and gas services Energy
MSM Higher overall sales volume, higher average selling price and incentive received for certain packed sugar sold in the domestic market. Food & Beverage
Ajinomoto Higher sales and lower raw material cost Food & Beverage
Spring Art Holdings Increase of demand for bedroom furniture. The completion of Factory C is now expected in Q2 2024. Furniture
Mobilia Holdings Higher sales volume from Asia and America market Furniture
Tex Cycle Technology Increase in sales demand from recovery and recycling division Industrial Services
Unique Fire Holdings Increase in sales, and lower purchase price for material and trading goods. Industrial Services
Manulife Higher unrealised gain from debt and equities securities Insurance
Infoline Tec Group Increase in orders of the Group's managed IT services and other IT services, trading of ancillary hardware and software, as well as projects from cybersecurity solutions segment in the current quarter but offset by lower revenue generated from IT infrastructure solutions IT Services
Rexit Increase in hardware, systems software sales and software sales and services IT Services
LGMS Higher number of projects completed during the current financial quarter for the provision of cyber risk management and compliance services. IT Services
Straits Energy Resources Growth of revenue in Oil Bunkering & Shipping Related Services Segment was driven by higher demand of both MGO & LSFO from international shipping liners. Logistics
Bintulu Port Higher revenue contributed from handling of LNG cargo. Higher revenue from Samalaju Industrial Port. Higher performance from construction services on concession infrastructure Logistics
Sarawak Oil Palm Higher volume of product sold driven by cyclical nature of FFB production. Oil Palm
Subur Tiasa Stronger performance from palm oil division, timber division still loss making Oil Palm
Orna Paper Higher sales volume, higher selling price, lower cost of raw materials Paper Product
Wang Zheng Berhad substantial increase in sales in processed paper products Paper Product
Karex Stronger personal lubricant sales Personal Product
BP Plastics Higher demand and better product mix Plastic
LTKM Subsidies received from Government and lower cost of corn and soybean which are its major raw materials. Poultry
Teo Seng Egg Subsidy granted by government Poultry
CCK Consolidated Stronger performance from retail segment and subsidy provided by Malaysia government in relation to the price ceiling for chicken and egg. Poultry
Lay Hong Subsidies received from Government Poultry
SBC Corp Sales of completed stock Property
Paramount Corp Higher contribution from property, coworking space division turn profitable, better contribution from hospitality division Property
Avaland Higher sales recognition and advanced construction work progress from ongoing projects. Property
ACME Bhd Stronger performance from property sales Property
Hua Yang Better margin contribution from Aston Acacia's retail Property
Country View Strong sales performance for Aurora Resort Villa an Aurora Sentral Project Property
IGB Group Higher performance from retail, commercial and hotel segment Property
Ideal Capital Stronger property sales performance Property
Mah Sing Group Higher sales of completed and nearly completed products Property
SP Setia Stronger property sales performance Property
UEM Sunrise Stronger property and land sales revenue Property
Aeon Co Higher consumer spending on festive and year end sales Retail
Seng Fong Holdings Increased the production hours by adding a second working shift in all the three factories, increasing production hours from 12 hours a day to 18 hours a day. Therefore, total annual capacity is expected to increase to approximately 190,000 MTS in financial year 2024 compared with approximately 166,000 MTS in financial year 2023. The Group continues to capture on the increasing demand from markets of China and India which are the largest world consumers of natural rubber driven by the growth of their automotive
industries.		 Sales of rubber block
Malaysia Pacific Industries Stronger Performance for USA segment, lower contribution from Europe and Asia segment Semiconductor
Genetec Technology Higher margin in product mix Semiconductor
TT Vision Improvement in sales of optoelectronic inspection equipment as well as solar cell inspection and sorting equipment.  Semiconductor
Dominant Enterprise Production of high margin products and customer base expansion Wood Product




Here are the criteria for entering the list.
1) QoQ profit growth > 20%,
2) Profit Before Tax > RM 2 mil

Companies that delivered excellent results due to one-off events such as the events below are excluded from the list.

1) One-off disposal gain or revaluation gain
2) Fair value gain in quoted securities
3) One-off gain on bargain purchase
4) Fair value adjustment on investment property
5) Gain from disposal of subsidiary
6) Reversal of provision of doubtful debt
7) Impairment loss in the preceding quarter
8) Leap companies are also excluded from the list due to a lack of liquidity
9) Companies that are loss-making in the preceding quarter are excluded