3REN Berhad (0328.KL) Income Statement Analysis – Financial Results

About 3REN Berhad

3REN Berhad, an investment holding company, provides automation solutions and engineering services in Malaysia, Singapore, Thailand, the United States, China, Vietnam, the Philippines, Canada, Costa Rica, India, and Taiwan. It operates through four segments: Provision of Engineering Support Services for IC Assembly and Testing; Design, Development and Sale of Digitalised Solutions; Provision of Product Engineering Services; and Design, Development and Sale of Automated Equipment. The company provides engineering support services, such as equipment installation and tool conversion, equipment maintenance and troubleshooting, PCB rework, material transfer and management, quality, safety and control management, and inventory control management, as well as production operation. It also provides solution design development, testing and commissioning, and technical support services, as well as assembly, integration, and configuration services for digitalized solutions. In addition, the company provides product engineering services, such as post-silicon validation, NPI, and software development services; designs and develops customized automated equipment; and offers precision machining and related services. It primarily serves various segments of the semiconductor and electronics markets, as well as manufacturing companies. The company was incorporated in 2021 and is based in Bukit Mertajam, Malaysia.