Malaysia’s premier door frame system supplier, Econframe Berhad (EFRAME, 0227), has released its first-quarter results for the fiscal year 2025 (Q1 FY2025), revealing a dip in revenue but showcasing promising strategic moves for sustainable growth. Without further ado, let’s take a closer look at the numbers and the company’s vision for the future. For the quarter ending August 31, 2024, EFRAME reported a revenue of...
Econframe Berhad recently announced the acquisition of Ivory Pearl Sdn. Bhd. (IPSB) for RM56 million, a move poised to be a game-changer for the company. The deal, which includes RM46.67 million in cash and the issuance of 16.5 million new Econframe, is strategically structured to be earnings-per-share (EPS) accretive while leveraging minimal dilution of existing shareholder value. Based on my calculation, the issuance o...
Econframe Berhad has wrapped up its FY2024 on a high note, and its annual report showcases the company’s strong performance and solid growth plans. Here’s what you need to know: Record-Breaking Revenue and Generous Dividends Econframe recorded its highest-ever revenue of RM103.5 million in FY2024, a significant 36.4% jump from RM75.9 million last year. This marks the third year in a row the company has hit record revenue. To share the succes...
ECONFRAME BERHAD (EFRAME) closed at RM0.575 yesterday, maintaining well above its key support levels of RM0.570 (S1) and RM0.530 (S2) respectively, complimented by consistent trading volume. We identified a triple bottom pattern for the company followed by a consolidation pattern, which Bollinger Band too, sees a narrowing, together with our proprietary MACD indicator. We urge investors to build position at the current level while waiting for a confirmation...
Econframe Berhad announced its unaudited results for the FY2024 Q4, showing solid revenue growth despite cost pressures. The Group recorded a revenue of RM24.4 million, up 15.8% from RM21.0 million in the corresponding quarter of FY2023, driven primarily by the manufacturing segment, which contributed RM20.5 million, an 18.2% increase year-over-year. For the full financial year, Econframe reported a revenue of RM103.5 million, a 36.4...
The Budget 2025, presented in Parliament on 18 October 2024, demonstrates the government’s commitment to fiscal consolidation by reducing overall expenditure to tackle the national deficit. While much of the spotlight has been on property development companies, it’s crucial to explore the broader spectrum of beneficiaries arising from the new measures, particularly in the context of tax reforms targeting individuals. One of th...
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EFRAME Stock Forum
For the quarter ending August 31, 2024, EFRAME reported a revenue of...
Based on my calculation, the issuance o...
Here’s what you need to know:
Record-Breaking Revenue and Generous Dividends
Econframe recorded its highest-ever revenue of RM103.5 million in FY2024, a significant 36.4% jump from RM75.9 million last year. This marks the third year in a row the company has hit record revenue.
To share the succes...
For the full financial year, Econframe reported a revenue of RM103.5 million, a 36.4...
While much of the spotlight has been on property development companies, it’s crucial to explore the broader spectrum of beneficiaries arising from the new measures, particularly in the context of tax reforms targeting individuals.
One of th...
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