Zetrix a profit driver for MyEG Services


Maybank IB Research kept its earnings for FY24 to FY26 pending the financial results briefing.

PETALING JAYA: MyEG Services Bhd’s (MyEG) cash flow and balance sheet have turned healthier with the disposal of digital assets and its blockchain developer Zetrix unfolding potential that is likely to boost its profitability.

According to UOB Kay Hian Research, MyEG’s balance sheet is healthier with RM575mil cash versus RM84mil at end-2023, on the back of better operating cash flow as earnings increased.

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