WS-SK TARGET (08427) announced its interim performance with a net profit of RM 722,000, representing a year-on-year increase of 25.35%.

WS-SK TARGET (08427) released its performance for the six months ending on November 30, 2024. The group achieved a revenue of RM 15.494 million during the period, an increase of 1.22% year-on-year. The group also reported a profit of RM 722,000 during the period, an increase of 25.35% year-on-year. The basic earnings per share was 4.61 sen. The increase in revenue was mainly driven by higher sales of customized precast concrete junction boxes during the period, as well as an increase in revenue from accessories and pipeline trading, and from providing mobile crane rental and support services.