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KUALA LUMPUR: KPower Bhd sees strong growth potential ahead, coming from a small base. More contracts could be in store in the near future for it, especially on the renewable energy (RE) front, says AMInvestment Bank Research (AM Research).
KPOWER Bhd (code:7130) made a strong advance towards the 50-day simple moving average (SMA) yesterday, which ended the sideways trading it has been seeing since March.
KUALA LUMPUR: A few listed companies which won the bid for Large Scale Solar @ MEnTARI (LSS4) project saw their stock prices increase this morning.
KUALA LUMPUR: Stocks to watch on Tuesday include Tiong Nam Logistics Holdings Bhd, Karex Bhd, KPower Bhd, IOI Properties Group Bhd, Pos Malaysia Bhd and Petronas Gas Bhd, according to JF Apex Research.
KUALA LUMPUR: KPower Bhd (formerly Kumpulan Powernet Bhd), posted net profit of RM9.25mil in the second quarter ended Dec 31,2020, a jump of nearly 400% from RM1.86mil a year ago.
KUALA LUMPUR: AmInvestment Bank Research kept its "hold" recommendation and earnings forecasts on KPower Bhd following its announcement it had secured a US$12mil (RM48.6mil) contract for the supply of airbag/breathing bag for GeNose and GeNose Covid-19 test kits.
PETALING JAYA: KPower Bhd’s subidiary KPower Healthcare & Technologies Sdn Bhd has accepted a US$12.03mil (RM48.64mil) letter of award from PT Biotech Maju Sejahtera (PT BMS) for the supply of airbags/breathing bags for GeNose and GeNose Covid-19 test machines.