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Higher earnings expected for Unitrade

The Star LogoThe Star4d ago

Higher earnings expected for Unitrade - The Star

Quick Summary:

PETALING JAYA: Unitrade Industries Bhd is in a sweet spot to fuel its earnings for financial year 2025 (FY25) powered by a surge in construction activities and the influx of data centres into the country.

For the financial year ended March 31, 2024 (FY24), the group reported a net profit of RM22.6mil on the back of a RM1.61bil revenue that included a RM17.1mil gain on disposal of assets.

Looking ahead, Sim said Unitrade has plans to introduce solar ownership plans, offering customers and its employees affordable and flexible financing options to reduce the upfront cost of solar panel installation.


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Article Details

Author / Journalist: DALJIT DHESI

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-01 @ 00:00:00 (4 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 852 words

Reading Time: 5 minutes read

Sentences: 23 lines

Sentence Length: 38 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21431854

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 40 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 7 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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The story "Higher earnings expected for Unitrade" was covered 4 days ago by The Star, a news publisher based in Malaysia.

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The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 40 news stories per day.

It's most recent story was published 7 hours ago.

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  • URL: https://beamstart.com/news/higher-earnings-expected-for-unitrade-171978932953

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