Energy Portal
FY2025 Expansion refers to a strategic initiative or plan aimed at increasing the scope, size, or reach of an organization, project, or program during the fiscal year 2025. The term “FY” stands for fiscal year, which is a one-year period that companies and governments use for accounting and budgeting purposes. The expansion may involve various activities, such as entering new markets, increasing production capacity, launching new products or services, or enhancing existing operations to achieve growth and improve overall performance. This concept is commonly seen in business and economic contexts where entities outline specific goals and actions for expansion within a designated fiscal timeframe.
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…