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AAX posted a loss in Q1 this year, even though revenue hit a record high and passenger demand stayed strong. The main reasons were losses from foreign exchange and higher fuel costs, which more than offset the strong operating performance
VERDANT’s Q3 results are out, and the company recorded a net loss of RM1.98 million on revenue of RM8 million. The loss was mainly due to ongoing efforts to scale up operations, changes in the types of projects they are taking on, and lower margins as they deploy more BESS under the Solar ATAP programme
VERDANT can tap into bigger market by offering scalable solutions, such as solar panels, inverters, and battery systems that can meet higher energy demands
