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Elridge Energy didn't just grow; it surged. Here are the heavy-hitting numbers:
Total Revenue: Reached RM431.98 million, up from RM389.05 million in 2024.
Net Profit: Jumped by a massive 39% to RM57.31 million (compared to RM41.17 million previously).
Quarterly Win Net profit for the final quarter alone was RM17.71 million, nearly double the RM9.63 million recorded in the same period last year.
Net Assets per Share: Improved to 11.60 sen, up from 8.73 sen.
Topmix successfully launched Melamine Faced Chipboard (MFC) products. In just the final quarter, this new segment contributed RM1.01 million, signaling positive market reception and a successful product range expansion
TA Securities left its target price unchanged at RM1.70 per share, pegged at nine times FY2026 forecast EPS, but bumped the stock up to a “Buy” from “Hold” after the share price recently dropped