My EG Services Bhd
KLSE:MYEG
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My EG Services Bhd
Income from Continuing Operations
My EG Services Bhd
Income from Continuing Operations Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Income from Continuing Operations | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
M
|
My EG Services Bhd
KLSE:MYEG
|
Income from Continuing Operations
myr666.8m
|
CAGR 3-Years
29%
|
CAGR 5-Years
23%
|
CAGR 10-Years
29%
|
|
A
|
Advance Information Marketing Bhd
KLSE:AIM
|
Income from Continuing Operations
-myr5.8m
|
CAGR 3-Years
-21%
|
CAGR 5-Years
-21%
|
CAGR 10-Years
-12%
|
|
C
|
CTOS Digital Bhd
KLSE:CTOS
|
Income from Continuing Operations
myr118m
|
CAGR 3-Years
43%
|
CAGR 5-Years
32%
|
CAGR 10-Years
N/A
|
My EG Services Bhd
Glance View
My EG Services Bhd, often referred to as MYEG, plays a vital role in the digital governance landscape of Malaysia. Founded in 2000, the company emerged as a pioneer of e-government services, offering a seamless bridge between government agencies and the public. MYEG has evolved significantly over the years, leveraging technology to enhance public service delivery. It initially started by providing counter services such as road tax renewals and driver's license applications, but quickly expanded to incorporate online platforms that facilitate payments and renewals for various governmental services. This shift not only improved accessibility for citizens but also positioned MYEG as a trusted facilitator in the realm of digital transactions, drawing a substantial portion of its revenue from transaction and commission fees. Beyond its core e-government services, MYEG has diversified its portfolio, venturing into commercial services, including insurance renewal and road safety solutions, further solidifying its revenue streams. The company also developed an innovative range of trade facilitation services that cater to different industries, providing solutions such as digital business licensing and customs declaration processing. This diversification strategy highlights MYEG's adaptation to changing market demands and its continuous efforts to digitize services that traditionally required physical presence. By leveraging a combination of strategic collaborations and technological advancements, MYEG has managed to sustain its growth trajectory, embedding itself deeper into the infrastructure of Malaysia's digital governance and commerce sectors.
See Also
What is My EG Services Bhd's Income from Continuing Operations?
Income from Continuing Operations
666.8m
MYR
Based on the financial report for Sep 30, 2024, My EG Services Bhd's Income from Continuing Operations amounts to 666.8m MYR.
What is My EG Services Bhd's Income from Continuing Operations growth rate?
Income from Continuing Operations CAGR 10Y
29%
Over the last year, the Income from Continuing Operations growth was 62%. The average annual Income from Continuing Operations growth rates for My EG Services Bhd have been 29% over the past three years , 23% over the past five years , and 29% over the past ten years .