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financial service 增长不错 20多% 他们做公务员贷款看来这个业务可以成为下一个rcecap The Financial Services Segment posted revenue of RM164.3 million for 9M24 improved by 35%, with a pre-tax
profit of RM76.9 million, up 24% from the previous year. This growth was mainly driven by the planned business
expansion in Malaysia and Australia, as the loan book increased to RM1.82 billion as of 30 September 2024,
compared to RM1.65 billion as of 30 September 2023.
Manufacturing and sale of power cables are divided into three major
categories, namely
(i) low-voltage power cables,
(ii) medium-voltage power
cables and
(iii) fire-resistant power cables.
(ii) Acotec Industrialised
Building System ("IBS")
Manufacturing and sale of IBS concrete wall panels.
Universal Cable is the only cable company in Malaysia qualified by KEMA to perform full type test up to 132 kV. Cables are in accordance with international requirements and conform to national and international standard such as BS, ICEA, ASTM, MS, IEC, CENELEC, AS/NZS & VDE.
The Industries Segment made notable strides in capacity expansion
and innovation. Olympic Cable is on a steady growth path,
particularly with the acquisition of Universal Cable’s assets. This
acquisition will effectively double our manufacturing capacity to
meet the increasing demand from the utility, renewable energy and
data centre sectors. The acquisition also puts us in good stead to
be one of the few Malaysian producers of high-voltage cables.
Fibre Optic Cables: Commenced production of fibre optic cables in 2024 to meet the growing demand for
telecommunications and data centre projects, with tender participation showing early promise. We have
received our first order in the fourth quarter of 2024.
OUTLOOK FOR 2025
The outlook for Malaysia’s cable industry
in 2025 remains positive, with continued
investments in infrastructure as well as
technology expected to drive demand.
The focus on sustainability, particularly
in the adoption of eco-friendly materials,
is likely to become more prominent,
aligning with global environmental
trends. Additionally, the growth of data
centres in Malaysia presents significant
opportunities for cable manufacturers to
supply the necessary infrastructure for
these facilities.