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Verdant Solar’s balance sheet is expected to improve from a net cash position of RM21.2mil to RM62.5mil. We can expect the group to record a three-year CAGRfor earnings of 21% on the back of a 25% revenue CAGR over the same period driven by accommodative government policies to grow the rooftop solar industry.
Just attended a Gen Z event , it was such a fruitful sharing session with EasyParcel Also meet the founder of Verdant Solar. Truly inspiring! With such great management teams, I believe both companies have a bright future ahead. After meeting them, I’m even more confident they’ll lead their companies to greater success.
Government is going to launch a new rooftop solar plan this December, where people can use the power they generate to cut their electricity bill. This should give solar business more clarity and will boost VERDANT's growth too
That's some interesting news regarding the new rooftop solar plan. It should indeed bring more certainty to the sector and could be a significant catalyst for companies like VERDANT.
Verdant is mainly involved in Malaysia’s solar industry, with about 98% of its revenue coming from EPCC services for residential solar PV projects. That’s really good news for them!