Wasco on board for better days


Maccagno: The company delivered profits above RM100mil in 2023 and 2024.

IF there’s one thing Wasco Bhd has learned, it’s the importance of perseverance.

Despite analysts noting that the energy solutions provider is trading at a valuation multiple of 6.9 times, below the local peer average of 9.7 times (according to Bloomberg), its international valuation also stands at 6.9 times – well below the global peer average of 14.8 times.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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

Next In Business News

Reneuco redesignates Mustakim Mat Nun to group MD
ISF Group IPO oversubscribed by over 31 times
Dayang subsidiary to purchase marine vessel for RM117.7mil
Ringgit eases slightly against greenback on caution amid renewed US-EU tariff tension
Maybank launches ROAR30 strategy plan, targets 13-14% ROE by 2030
Mitrajaya accepts RM42.81mil fourth variation order for data centre project
PJBumi acquires drilling rigs for RM162mil
Manforce secures Bursa approval for ACE Market IPO
Ancom Nylex reports higher 2Q net profit
One Gasmaster IPO oversubscribed 25.24 times ahead of ACE Market debut

Others Also Read