Key Takeaways from $PENTA / 7160 (PENTAMASTER CORPORATION BERHAD)'s 22nd AGM

📌 As of the first quarter of this year, the company has an outstanding order book totaling RM400 million, with the breakdown of business sectors as follows: 45% in medical, 30% in automotive, 11% in semiconductor, 9% in electro-optical, and 5% in consumer and industrial products.

📌 The productivity of the first and second factories exceeds 100%, so management will relocate FAS production lines to the newly built third factory to maximize efficiency.

📌 The third factory has been completed and will commence operations in July; however, due to relocation, the medical business will need to reapply for licenses, and production is expected to begin in August, with significant profits anticipated next year.

📌 Management aims to maintain double-digit growth in the company's business over the next three years. They also note that this year's business is somewhat flat.

📌 Management indicates that the company currently employs over 900 staff, with over 600 being engineers. Each engineer generates an average revenue of approximately RM1.2 million.

📌 Management is confident that the business in 2025 will surpass this year's performance.