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RESINTC actually looks quite interesting. Latest Q1 net profit jumped around 82% YoY to RM4.75mil, while revenue grew 6.5%. This suggests improving profitability despite modest sales growth. Company also secured RM41mil financing for its planned workers' hostel and retail development, which could open up another income stream in the longer term. If earnings momentum continues into the coming quarters, RESINTC could be worth keeping on the radar.
Resintech’s steady margin expansion and solid asset base make it a legit long-term play, especially since their recent earnings jump proves they have the pricing power to sustain those gains.
