Bursa Malaysia Companies Outstanding Quarter Result 2023-04

Companies listed on Bursa Malaysia with an outstanding quarter results for the month of Apr 2023.

For the period Apr 2023, these companies that delivered outstanding quarter results.

Companies that deliver excellent results and announce their financial result during Apr 2023 are included in this list.

Company	Note	Industry
MCE Holdings	Higher demand from car maker to clear the sales backlog before the end of SST exemption by 31 Mar 2023.	Auto Parts
Bermaz Auto	Continued Fulfilment of the backorder particularly from its Mazda Malaysia operations	Automotive
ES Ceramics	New revenue stream under the segment of building materials upon the completion of an acquisition of Evermix Concrete Sdn Bhd on 30th August 2022	Building Material
Econframe	Higher sales orders for metal door frames and improvement in margin	Building Material
Luxchem	Higher margin despite lower revenue	Chemicals
Ingenieur Gudang Bhd	Higher contributions from construction activities	Construction
Melati Ehsan	Higher contributions from construction activities	Construction
Kronologi Group	Higher revenue contributions from Singapore and Philippines	Digital Services
CTOS	Strong growth in revenue particularly from Key Accounts and Direct-to Consumer customers driven by strong demand in CTOS Data Systems reports and digital solutions.	Digital Services
Aeon Credit	Lower Impairment Loss	Financials
Nestle	Stroong F&B Business as well as out of home business driven by Nestle Professional. Higher sales during CNY period	FMCG
Poh Kong	Higher revenue due to increase demand in gold investment product	Gold
Umedic Group	Stronger demand from both public and privat ehospital on medical devices and consumables. Increase in the sale of HydroX series prefilled humidifiers and AirdroX series inhaler spacers.	Healthcare Equipment
JKG Land	Stronger result from palm oil division and property development division mainly from Phase 1 The Era.	Property
Eupe	Stronger progress billing for projects under development	Property
Sasbadi	Strong sales due to contracts secured from Ministry of Education to provide the service of supplying and delivery market ready digital solutions in line with the Common European Framework of Reference for the Language (CEFR) Year 1 and Year 3 as well as the supply of reprinted textbooks to schools.	Publishing
IGB Commercial Reit	Higher Occupancy Rate, but slightly drag by higher operating cost (Electricity)	REITs
KIP Reits	Higher occupancy rate at Tampoi and Southern region mall, improvement from Melaka mini anchor Jalan Jalan Japan commenced operation. However, net property income lower due to higher property expenses such as utilities and upkeep of buildings.	REITs
Atlan Holdings	Higher revenue reported by the Duty free segment and Automotive segment.	Retail
Dufu	Increase in revenue and higher production output	Semiconductors
Ramssol Group	Increase of revenue contribution from Thailand	Software
ECA Integrated Solution Berhad	Higher number of deliveries for integrated production systems and standalone automation equipment during the quarter, coupled with better cost management and lower non-recurring expenses in relating to listing expenses.	Technology Equipment
SNS Network Technology Berhad	Increase in revenue from the sale of ICT product as the Group secured more orders from the commercial channel.	Technology Equipment

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

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