皇冠管理端登3网站:Enra proposes diversification into MRO industry

皇冠管理端登3网站皇冠管理端登3网站（www.99cx.vip）实时更新发布最新最快最有效的皇冠管理端登3网站手机网址,包括新2登3手机网址,新2登3备用网址,皇冠登3最新网址,新2足球登3网址,新2网址大全。

KUALA LUMPUR: Enra Group Bhd is proposing to diversify its core operations to include the maintainence, repair and overhaul (MRO) business as it seeks to arrest the decline in its financial performance.

RHB Investment Bank Bhd, on behalf of Enra, said in a filing with Bursa Malaysia the group has determined that its existing nascent MRO services should be expanded to capture the favourable outlook of the MRO industry.

Generally, MRO services involve the upkeep of plant facilities and equipment through preventive and corrective actions to ensure that the assets are kept in running condition.

According to the announcement, Enra's management believes the nature of MRO business activities is stable and recurring due to the continuous need for ongoing maintenance of assets to keep operations running.

"An example of those assets includes diesel engines and generators (including ancillary and related equipment) in industries such as O&G, marine, industrial and agriculture," it said.

It added that it expects Malaysia's MRO industry to grow at a cumulative aggregate growth rate of about 5% from 2022 to 2025.

Since the commencement of the group's MRO services in 2019 to March 31, 2022, the segment's contribution to the group has been minimal.

足球博彩公司（www.hg108.vip）是一个开放皇冠即时比分、代理最新登录线路、会员最新登录线路、皇冠代理APP下载、皇冠会员APP下载、皇冠线路APP下载、皇冠电脑版下载、皇冠手机版下载的皇冠新现金网平台。足球博彩公司上登录线路最新、新2皇冠网址更新最快,足球博彩公司开放皇冠会员注册、皇冠代理开户等业务。

By growing the MRO services under its energy services segment, it aims to improve its financial performance, which has declined in the past three financial years.

Specifically, the property development segment has been loss-making in recent years, made worse by the onset of the Covid pandemic, while the energy services segment has posted declining pre-tax profits.

Despite swinging to the black in FY22 with a pre-tax profit of RM6.2mil, the group noted that this was mainly owing to a one-off gain of about RM19.6mil recognised from its divestment of Enra Kimia.

Furthering efforts to grow its MRO services, Enra has collaborated with MTU Services (Malaysia) Sdn Bhd to pursue new projects and contracts in MRO services across various industries.

The joint venture, MSMENRA Sdn Bhd, is 70% owned by Enra Energy Solutions Sdn Bhd while MSM holds the remaining 30% equity interest.

Enra's board of directors is seeking shareholder approval for the proposed diversification as the MRO segment is expected to contribute 25% or more of the net profits of the group, and/or result in a diversion of 25% or more of the net assets.