Energy Portal
ELK-Desa Resources refers to a company or entity involved in the extraction, processing, or management of natural resources, particularly in the context of economic or community development. The term “ELK” may indicate an acronym or specific branding while “Desa” is a word that means “village” or “community” in Indonesian and Malay, suggestive of a focus on local or rural development. The combination implies a focus on leveraging natural resources for the benefit of local communities, potentially through sustainable practices, responsible management, and development initiatives aimed at enhancing the livelihoods of those in the area. The context could include activities related to agriculture, forestry, minerals, or other natural resource sectors, aimed at fostering economic growth, sustainability, and community empowerment.
ELK-Desa Resources Bhd, a non-bank lender specializing in the used-car segment, has announced a significant increase in revenue for the fourth quarter ended March 31, 2024. Despite the challenging economic…