Bursa Malaysia Companies Outstanding Quarter Result 2024-06

Companies listed on Bursa Malaysia with outstanding quarter results for June 2024.

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

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

Company	Note	Industry	Profit YoY	Profit QoQ
Arank	Mfg of aluminum billet experience slight increase in busines volume and higher average selling price	Aluminum	38.30%	62.50%
Bermaz Auto	Higher sales being recorded for its Mazda marque domestic operations, especially from its Mazda CX-30 CKD model. Higher profit contribution from associated companies, Kia Malaysia.	Automotive	-6.40%	37.30%

Analab Resources	Higher return from investment holdings segment	Diversified Industries	23.30%	106.40%
VS Industry	Higher orders from key customers, which in turn increased the overall utilisation rate of production capacity, in addition ot having a favourable product sales mix in Malaysia.	Electronic Manufacturing Services	121.30%	357.07%
XL Holdings	Increase sales of food products	Food Production	-	207.17%
Top Glove	Gain on disposal of land. Raw material prices were on uptrend QoQ. The average natural latex concentrate price up by 20% to RM 6.77/kg, average nitrile latex price rose 16% to USD 0.89/ kg	Gloves	Turnaround	Turnaround
Kein Hing International Bhd	Malaysia opertion achieve growth in revenue due to the improvement in sales of parts to automotive customer. Vietnam operation slow down due to weak demand in parts used in printer products.	Industrial Products	-5.00%	40.00%
Marine & General	Recognition of net reversal of vessel impairment of RM 26.4 million during the quarter	Offshore Service Vessels	-41.50%	53.10%
Scientex Packaging (Ayer Keroh) Bhd	Better product mix and improvement in operational efficiency	Packaging	-1.20%	25.00%
Teck Guan Perdana	Increased in operating margin	Palm Oil	35.00%	580.00%
Crescendo Corp Bhd	Data center land sales in Nusa Cemerlang Industrial Park.	Property	2089.00%	1263.00%
SSF Home Group	Higher sales contribution from retail outlets as a result of seasonal period such as Chinese New Year and Hari Raya Aidilfitri.	Retailing	-	212.60%
Mynews	The number of outlets increased by 6 outlets and the margin increased	Retailing	Turnaround	3.76%
Poh Kong Holdings	Increase in demand of gold jewellery and gold investment products	Retailing	147.26%	69.00%
Hiap Teck Venture Bhd	Higher sales volume despite a decline in average selling price.	Steel	204.00%	116.00%
Techbase Industries (fka Prolexus)	Lower sales from all business division leads to lower revenue, lower administrative expenes but offset by higher selling and distribution expenses.	Textile, Apparel and DOOH (PowerScreen)	Turnaround	Turnaround

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