KUALA LUMPUR (June 2): Pekat Group Bhd, en route to be listed on Bursa Malaysia’s ACE Market on June 23, expects to grow its solar photovoltaic (PV) division’s contribution to the group’s revenue to between 60% and 70% in the current financial year ending Dec 31, 2021 (FY21). The division’s contribution to the group’s total revenue has been growing substantially in the past financial years. The segment accounted for 57.4% of the group’s total revenue in FY20, growing from 20.5% in FY17, 45.6% in FY18 and 49.2% in FY19.
