T7 Global Berhad announced its earnings for the first quarter reporting an increase in revenue and profit after tax and minority interest by 52% and 56% respectively to RM94.0 million and RM4.2 million as compared to Q1FYE2022.
The Group’s order book now stands at an impressive RM2.5 billion.
Commenting on the financial results, T7 Global chief executive officer Tan Kay Zhuin said, “Despite the moderation of oil prices in Q1FYE2023, our results are good as we continue to improve our commercial and operational excellence. This was largely attributable to the support from T7 Global’s stakeholders and I am appreciative of their confidence and trust in the Group. We remain focus in delivering sustainable growth and we ensure prudent management of our assets as well as financial commitments.