PETALING JAYA: Electrical engineering service provider HE Group Bhd
(HEG) is confident of sustaining its growth momentum in the coming financial year 2025 ending Dec 31 (FY25).
“We are enhancing our capabilities beyond electrical engineering to include mechanical and process utility engineering, positioning the group for long-term growth,” managing director Haw Chee Seng said in a statement yesterday.
In the fourth quarter of FY24, HEG said its revenue moderated to RM34.3mil from RM58.9mil in the preceding third quarter due to the completion of several power distribution systems projects.
As a result, the group said it had registered a lower profit after tax of RM3.4mil in the fourth quarter, from RM4.6mil in the third quarter.
