Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
market doesn't see Esceramic as construction material company. still valuing it as glove. should expect higher revenue and profit from the mixed concrete biz in the coming quarters.
I expect higher revenue from construction material biz. hence may looking at rm110-120 mil revenue if manufacturing biz maintain below rm10 mil revenue.
Escerem has successfully diversified its business into building materials, maintaining annual profits of over $10 million. Unlike other glove manufacturing companies that are experiencing losses, Escerem has consistently maintained these profits and holds more than $80 million in cash reserves following the exercise of warrants. This financial strength is well-positioned for a new venture or a potential takeover in future.
3 key drivers would be its strong balance sheet, higher revenue and profit from building material biz and potential of it moving to main market listing.