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iCents Group logs 3Q net profit of RM1.8m ahead of ACE Market debut
Quarterly revenue was RM18.85 million, the cleanroom and facility services firm’s bourse filing showed on Monday. Of which, the other facility services contributed the bulk of RM13.13 million (69.68%) to its revenue, followed by cleanroom services at RM5.72 million (30.32%).
The cleanroom industry grows alongside fast-expanding, high-value sectors like electrical and electronics (E&E) and pharmaceuticals, which are backed by government plans like the New Industrial Master Plan 2030 and the Budget 2025’s New Incentive Framework. Therefore, iCents is riding the tailwind of the industry
Solid growth on the cards for iCents post-listing on robust order book
The growth would be mainly driven by the assumptions of an unbilled order book of RM93.2mil as of June 2025, a new job replenishment assumption of RM140mil a year, and an annual growth of 20% in other divisions.
iCents Group expects its earnings to rise 23.7%, 43.6% and 6.9% year-on-year to RM8.7 million, RM12.5 million and RM13.3 million from this year to 2027 respectively, according to TA