EITA Resources Bhd.

EITA Resources Bhd.

MMYX:EITA
0.61
MYR
+0.00
(-0.81%)
Nov 23Next Earn
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Joo Swee Lim
Full Time Employees
767
Sector
Producer manufacturing
Industry
Building products
Address
Klang Malaysia
IPO Date
Mar 26, 2012
Business
EITA Resources Berhad is a Malaysia-based investment holding company specializing in the design, manufacture, distribution, installation, and maintenance of electrical and electronic systems, vertical transportation equipment, and power transmission infrastructure. The company operates through four primary business segments: Manufacturing, Marketing and Distribution, Services, and High Voltage Systems. Its Manufacturing division produces proprietary vertical transportation solutions under the EITA-Schneider brand, including passenger elevators, freight lifts, hospital bed lifts, home lifts, escalators, and moving walks; power distribution systems under the Furutec brand, consisting of sandwich-type busducts and cast-resin busduct solutions; as well as elevator control panels, car operating panels, and fire-resistant cables. The Marketing and Distribution division supplies an extensive portfolio of electrical and electronic components and industrial equipment, such as industrial automation devices, frequency inverters, circuit breakers, power cables, surge protection systems, and test and measuring instruments, acting as an authorized distributor for international brands including Fuji Electric and Kyoritsu. The Services division offers round-the-clock maintenance, repair, refurbishment, modernization, inspection, and spare-parts supply services for passenger lifts and escalator installations. The High Voltage Systems division undertakes turnkey Engineering, Procurement, Construction, and Commissioning (EPCC) contracts for high-voltage and extra-high-voltage electrical substations, transmission lines, and utility distribution networks. Founded in 1996 and headquartered in Klang, Selangor, Malaysia, the group maintains operations and export channels across Southeast Asia, including Singapore, Indonesia, and Vietnam, as well as the Middle East. In recent corporate developments, EITA Resources has strategically expanded its market presence in the data center and public rail infrastructure sectors. The company secured major contracts to supply proprietary busduct power distribution systems for hyperscale data center facilities in Johor, Malaysia, and Indonesia. Furthermore, through its subsidiary EITA Elevator (Malaysia) Sdn Bhd, the group was awarded a RM62.3 million modernization contract by Prasarana Malaysia Berhad to overhaul and upgrade lift and escalator systems along the Light Rail Transit network, alongside winning multiple substation extension contracts and commercial elevator supply agreements.