18 WASCO BERHAD SECTION 2 KEY MESSAGES DEAR VALUED SHAREHOLDERS, Demand for reliable energy remains strong even as investment accelerates across renewables, electrification, grid infrastructure, energy storage, and carbon reduction technologies. Ensuring these systems operate safely and reliably requires continued investment not only in new energy sources, but also in the infrastructure that supports them. Recent geopolitical developments, the war between Russia and Ukraine, and tensions in the Middle East, underscore how central energy infrastructure remains to global stability. Disruptions to supply routes and critical facilities highlight the importance of resilient infrastructure systems capable of supporting both economic growth and long-term energy security. CHAIRMAN AND MANAGING DIRECTOR/ GROUP CHIEF EXECUTIVE OFFICER’S STATEMENT GIAN CARLO MACCAGNO Managing Director/Group Chief Executive Officer DATO’ SERI ROBERT TAN CHUNG MENG Chairman RM2.6 billion FY2024: RM3.2 billion Revenue RM160.5 million FY2024: RM153.0 million PATMI RM2.8 billion FY2024: RM2.5 billion Order book
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