WTEC targets 10% revenue growth for FY26

Quick Summary:

ACE Market-bound WTEC Group Bhd expects to increase its revenue by at least 10% in the financial year ended Dec 31, 2026 (FY26) compared to FY24 by enhancing production capabilities using funds raised from its initial public offering (IPO).

Operations are expected to start in the second quarter of 2026.

He said the company continues to see opportunities in the automotive, electrical and electronics, medical and personal protective equipment sectors.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: WTECGroup /Business/Business News RevenueGrowth Corporate News ACEMarket ManufacturingExpansion IPOListing

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-10 @ 00:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 392 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 27762679

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 42 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 12 minutes ago

Coverage Areas: Malaysia

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Publisher ID: #22

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