George Kent's Metering Division Drives 69% Profit Surge
George Kent's Metering Division Drives 69% Profit Surge
George Kent (Malaysia) Berhad (George Kent) has announced its first-quarter results for the period ended 30 June 2024 (Q1FY2025), reporting revenue of RM30.27 million. This reflects the strength and resilience of the Group's Metering business. The Metering Division achieved a robust performance, generating RM29.11 million in revenue with an operating profit of RM6.76 million for the first quarter, marking a 69% increase compared to the same period last year. The Group's Class C meters continue to excel, driving strong sales both domestically and across the ASEAN region. The outlook for Class D water meters is also promising, with a steady stream of orders from the South American market, reinforcing George Kent's presence in this growing sector.
喬治·肯特(馬來西亞)有限公司(喬治·肯特)公佈了截至2024年6月30日的第一季度業績(Q1FY2025),報告收入爲3027萬令吉。這反映了集團計量業務的實力和彈性。計量部門取得了強勁的業績,第一季度創造了2911萬令吉的收入,營業利潤爲676萬令吉,與去年同期相比增長了69%。該集團的C類儀表繼續表現出色,推動了國內和整個東盟地區的強勁銷售。D類水錶的前景也令人鼓舞,來自南美市場的訂單源源不斷,這鞏固了喬治·肯特在這個不斷增長的行業中的影響力。
The momentum at George Kent Vietnam's assembly plant is gaining pace, with ongoing progress in AMR orders. The Group anticipates a significant boost in the Metering Division's performance in the second half of the financial year. To further strengthen this division and capitalise on emerging growth areas, George Kent will continue to explore acquisitions and joint venture opportunities.
越南喬治·肯特裝配廠的勢頭正在加快,AMR訂單也在持續增長。集團預計,計量部門的業績將在本財政年度下半年大幅提高。爲了進一步加強該部門並利用新興的增長領域,喬治·肯特將繼續探索收購和合資機會。
In its Engineering Division, the Group is actively pursuing new contracts in government rail projects, public hospitals, and water treatment plants. Bolstered by strong business development initiatives and a substantial tender book for key infrastructure projects in Malaysia, the division is poised to capture new growth opportunities. George Kent's track record and expertise position the Group at the forefront of future contract wins.
集團在其工程部門積極尋求政府鐵路項目、公立醫院和水處理廠的新合同。在強有力的業務發展計劃和馬來西亞關鍵基礎設施項目的大量招標書的支持下,該部門有望抓住新的增長機會。喬治·肯特的往績和專業知識使集團處於未來贏得合同的最前沿。
Commenting on the Group's performance and prospects, Executive Chairman Tan Sri Dato' Tan Kay Hock emphasised that George Kent continues to build on its strong foundation in the metering industry. Leveraging its expertise and innovation, the Group is exploring new growth opportunities, including renewable energy, high technology, artificial intelligence, and cutting-edge solutions for data centres. With the addition of Datuk Thomas Leong as Director of Strategy & Investments, the Group is confident in its business expansion and expects growth in its metering and engineering businesses to lead to the securing of new contracts.
執行主席丹斯里拿督陳凱霍在評論集團的業績和前景時強調,喬治·肯特將繼續在計量行業的堅實基礎上再接再厲。利用其專業知識和創新,該集團正在探索新的增長機會,包括可再生能源、高科技、人工智能和數據中心的尖端解決方案。隨着Datuk Thomas Leong被任命爲戰略與投資總監,集團對其業務擴張充滿信心,並預計其計量和工程業務的增長將帶來新合同的保障。
譯文內容由第三人軟體翻譯。