Progressive Impact Corp. Bhd.

Progressive Impact Corp. Bhd.

MMYX:PICORP
0.05
MYR
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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

Full Time Employees
491
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Shah Alam Malaysia
IPO Date
Sep 30, 2004
Business
Progressive Impact Corporation Berhad is an investment holding company that provides integrated environmental management, analytical laboratory testing, wastewater engineering, and environmental consultancy services. The company operates through three principal business segments: Environmental Consulting and Monitoring, Laboratory Testing Services, and Wastewater Treatment and Solutions. Its Environmental Consulting and Monitoring segment delivers continuous ambient air quality monitoring systems (AQMS); continuous water quality monitoring systems (CWQMS); stack emission and flue gas monitoring; environmental impact assessments (EIA); environmental management plans (EMP); environmental risk assessments; environmental audits; noise, vibration, and odor surveillance; meteorological data monitoring; and proprietary telemetry-based environmental data acquisition and reporting systems primarily through subsidiaries including Alam Sekitar Malaysia Sdn Bhd (ASMA) and Progressive Impact Technology Sdn Bhd. Its Laboratory Testing Services segment provides comprehensive physical, chemical, biological, and microbiological analytical testing; environmental matrix analysis across soil, groundwater, surface water, marine water, and ambient air; food and beverage safety testing; nutritional testing; agricultural testing; pharmaceutical and consumer product quality assurance; industrial hygiene assessments; and specialized testing for emerging chemical contaminants through joint-venture operations including ALS Technichem (Malaysia) Sdn Bhd and PT ALS Indonesia. Its Wastewater Treatment and Solutions segment provides engineering, procurement, construction, and commissioning (EPCC) of industrial effluent treatment plants; sewage treatment facilities; membrane bioreactor (MBR) and reverse osmosis water recycling systems; sludge dewatering and management solutions; as well as scheduled operation, maintenance, and technical support services. The company primarily serves government ministries, environmental protection authorities, oil and gas operators, power generation utilities, heavy industrial manufacturers, agricultural enterprises, and commercial developers across Malaysia, Indonesia, and Saudi Arabia. Founded in 1990 and headquartered in Shah Alam, Selangor, Malaysia, Progressive Impact Corporation Berhad maintains key operating subsidiaries and associates including Alam Sekitar Malaysia Sdn Bhd, Progressive Impact Technology Sdn Bhd, ALS Technichem (Malaysia) Sdn Bhd, PT ALS Indonesia, and ASMA Advanced Solutions LLC. In recent strategic developments, the company has expanded its specialized analytical testing portfolio to include high-resolution detection of per- and polyfluoroalkyl substances (PFAS) and microplastics, upgraded its continuous environmental telemetry network with cloud-integrated real-time surveillance platforms to meet heightened regulatory compliance requirements, expanded its industrial hygiene and workplace occupational safety consulting services across regional markets, and streamlined its operating structure by rationalizing non-core overseas operations to concentrate capital and technical resources on high-margin environmental laboratory testing and environmental data services.