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Quarterly results are finally out! Verdant Solar recorded RM23.94 million in revenue and RM3.26 million in profit after tax. That gives them a PAT margin of around 13.6%
Sabah Entrepreneurs Transformation (SET), Verdant Solar, and Montfort Youth Training Centre have inked an MoU to collaborate on a renewable energy project. Under this partnership, Verdant Solar will be setting up a 27 kWp rooftop solar system at Montfort’s facility
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!