$SKBSHUT / 7115 (SKB SHUTTERS CORPORATION BERHAD) Q3FY24 Performance Updates

📌 Revenue: RM30.72mil
📌 PBT: 6.11mil
📌 PAT: 3.86mil

📌 YoY:
Revenue increased by 18% due to increase in sale of shutters and steel door products.
PBT increased by 23% due to increase in revenue.

📌 QoQ:
Revenue increased by 6% due to increase in sale of shutters and racking products.
PBT increased by 16% due to increase in revenue.

📌 Other Update:
💡 The company holds a cash position of RM43.59mil alongside short-term borrowings of RM23.27mil and long-term borrowings totalling RM60.44mil, resulting in a net debt of RM40.12mil.
💡 Positive FCF of RM17.76mil in this quarter.