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Master Tec recently entered into two strategic memoranda of understanding to drive future growth. These developments, coupled with ongoing efforts in export market growth, product innovation, and sustainability initiatives, position the group well to capture future opportunities and deliver long-term shareholder value
The net profit for the three months ended June 30, 2025 (2QFY2025), stood at RM6.92 million, down from RM8.7 million a year earlier, according to the ACE Market listed company's filing with Bursa Malaysia on Monday.
Revenue rose 43.89% to RM104.82 million from RM72.85 million, supported by higher revenue contributions from all its business segments.
Management remains optimistic, backed by infrastructure growth under the 13th Malaysia Plan and the National Energy Transition Roadmap, and is ready to tap into the growing demand for medium- and high-voltage cable solutions
Moody’s Ratings expects electricity use by data centers in the Asia-Pacific (APAC) region to grow steadily by about 15% to 20% each year over the next five to six years!