Greatech 1Q net profit dips to RM27.8mil


KUALA LUMPUR: Greatech Technology Bhd remains confident that the group is making good progress in its financial targets for 2023.

“The group has allocated approximately RM227mil for its targeted capital expenditure investment in 2023 to support operating and growth requirements, which includes a new fourth factory in Batu Kawan Industrial Park (BKIV), Penang with built-up of approximately 600,000square feet, to capture the growth potential in our markets around the world,” Greatech said in a filing with Bursa Malaysia.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Greatech

Next In Business News

Ringgit, regional currencies end lower vs US$ as geopolitical tensions persist
EP Manufacturing unit acquires industrial land in Alor Gajah for RM35.12mil
Bursa Malaysia ends lower on caution over rising oil prices, West Asia tensions
Orkim unit acquires new oil and chemical tanker for RM97mil
BIMOffice makes strong LEAP Market debut, eyes digital construction growth
Brent oil heads for record month, stocks in limbo
Capital A plans to exit PN17 after four consecutive profitable quarters - Tony Fernandes
Media Chinese to dispose of Canadian property for RM29mil
AirAsia expects modest fare hikes but maintains low-cost positioning
SME Corp to enhance MSME's role in JS-SEZ

Others Also Read