NWE Resources: Will Record Margins Drive Revenue Growth?

Fresh off its debut on Bursa Malaysia’s ACE Market after raising RM28.6 million, NWE Resources Group Berhad presents an unusual financial picture: revenue slid from RM45.6 million in FY2024 to RM41.6 million in FY2026, yet net profit nearly doubled to RM8.5 million as gross profit margins surged toward 56%.

Tan Chor Han, Executive Director of NWE Resources Group Berhad, joins The Breakfast Grille to unpack the strategy behind intentionally sacrificing volume for higher-margin product mixes and client contracts ahead of their listing. He discusses how the group is deploying its IPO proceeds across product development, working capital, and R&D, addresses doubling receivable days, and outlines when the company expects top-line revenue to finally resume growth.

See omnystudio.com/listener for privacy information.