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Wah, being a net cash company is super solid because it gives them so much room to expand without worrying about debt. This kind of strong balance sheet really makes me feel confident that they have the best potential to grow long-term.
Their financial performance has also been encouraging. Revenue grew from about RM113 million in FY2022 to RM158 million in FY2025, while profit and shareholders' equity have continued to improve. The funds raised will mainly go towards working capital, reducing borrowings, and supporting new production facilities
