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Solarvest Wins 3rd CGPP Contract, Hits 74% of Full-year Earnings Target

Solarvest Wins 3rd CGPP Contract, Hits 74% of Full-year Earnings Target

Solarvest獲得第三份CGPP合同,完成全年收益目標的74%
Business Today ·  10/10 13:59

Solarvest Holdings Bhd has secured a RM104 million contract to build a solar power plant in Negeri Sembilan under the Corporate Green Power Programme (CGPP) initiative, lifting its year-to-date (YTD) contract aggregate to RM485 million, which is 74% of the company's 2024 target, according to Kenanga Investment Bank Bhd (Kenanga Research).

根據肯南加投資銀行有限公司(Kenanga Research)的數據,根據企業綠色能源計劃(CGPP)計劃,Solarvest Holdings Bhd已獲得一份10400萬令吉的合同,用於在森美蘭州建造一座太陽能發電廠,將其年初至今(YTD)的合同總額提高至48500萬令吉,佔該公司2024年目標的74%。

This is the company's third major contract win in financial year 20251, bringing its year-to-date (YTD) contract win total to RM485 million and placing the clean energy specialist in a good position to achieve its full-year target of RM654 million, already 74% accomplished as noted earlier.

這是該公司在20251財年第三次贏得重大合同,使其年初至今(YTD)的合同總額達到48500萬令吉,這使這家清潔能源專家處於有利地位,可以實現其全年65400萬令吉的目標,如前所述,該目標已經完成了74%。

The new contract also boosts Solarvest's outstanding order book to RM686 million.

新合約還將Solarvest的未清訂單量提高到68600萬令吉。

Awarded by Suria Hijauan Sdn Bhd, a consortium comprising LBS Bina Group (not Rated), MWG Solar Energy Sdn Bhd and Ocean Solar Energy Sdn Bhd, the contract calls for the development of a 43 megawatt peak (mWp) solar power plant in Senawang, Negeri Sembilan, scheduled to be completed by the end of 2025.

該合同由包括LBS Bina集團(未評級)、MWG太陽能私人有限公司和海洋太陽能私人有限公司組成的財團Suria Hijauan Sdn Bhd授予,要求在森美蘭州塞納旺開發一座43兆瓦的峯值(mWp)太陽能發電廠,計劃於2025年底竣工。

Solarvest has operations in the Philippines, Indonesia, Vietnam, Singapore and Thailand. The company's energy profile includes one-stop solar photovoltaic (PV) installation, renewable energy certificates, battery energy storage system, electric vehicle (EV) charging solution, as well as innovative clean energy financing.

Solarvest在菲律賓、印度尼西亞、越南、新加坡和泰國開展業務。該公司的能源概況包括一站式太陽能光伏(PV)安裝、可再生能源證書、電池儲能系統、電動汽車(EV)充電解決方案以及創新的清潔能源融資。

In the immediate term, analysts expect a strong influx of opportunities driven by the 800mW CGPP with an end-2025 completion deadline, and an additional 500mW quota under the Net Energy Metering (NEM) initiative.

分析師預計,在短期內,800兆瓦的CGPP將推動大量機會湧入,截止日期爲2025年底,以及淨能量計量(NEM)計劃下額外的500兆瓦配額。

Solarvest is projected to secure at least 30% of the total CGPP contracts estimated at RM2.4 billion, translating to RM720 million. Based on market estimate, nearly RM794 million worth of contracts were awarded over the past three months.

預計Solarvest將獲得估計爲24令吉的CGPP合約總額的至少30%,相當於72萬令吉。根據市場估計,在過去三個月中授予了價值近79400萬令吉的合同。

Kenanga Research favours Solarvest as the top pick of the industrial sector, while maintaining its OUTPERFORM call and target price of RM1.91, citing bright outlook for clean energy supported by the government, strong earnings visibility backed by sizeable outstanding order and tender books.

Kenanga Research將Solarvest視爲工業板塊的首選,同時維持其跑贏大盤的看漲期權和1.91令吉的目標價,理由是政府支持的清潔能源前景光明,盈利可見度強勁,並得到大量未兌現訂單和招標書的支持。

As at 12:35pm on Oct 10, Solarvest's stock traded at RM1.62. (Stock updates from Bursa Malaysia)

截至10月10日下午12點35分,Solarvest的股票交易價格爲1.62令吉。(來自馬來西亞證券交易所的最新股票)

譯文內容由第三人軟體翻譯。


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