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In overseas markets, Elridge’s partnership with Japan’s JFE Shoji Group involves the annual supply of 150,000 tonnes of certified palm kernel shells over the next 15 years. Meanwhile, its partnership project in Thailand involves a supply volume of approximately 100,000 tonnes, helping to enhance the visibility of long-term orders
Elridge is not just focusing on Malaysia market. They also plan to expand into China and Japan, while targeting local industrial players and water treatment companies
The research house expects the company’s core net profit to grow steadily, reaching RM74.2 million in FY2026, RM91.4 million in FY2027, and RM104.9 million in FY2028
They also just announced plans to enter the activated carbon business, manufacturing and selling products used in water treatment, industrial purification and filtration. This could be another new income stream for the company
