Gadang Holdings' Net Profit for Three Months Ended August 31 Falls 80% Year-on-Year to RM 2.43 Million

Bitget2026/10/21 09:35

By:Bitget

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Gadang Holdings’ net profit attributable to shareholders fell 79% year over year to RM 2.88 million for the three months ended August 31, 2026.
Revenue dropped 61% from a year earlier to RM 114.79 million.
Pretax profit declined 67% year over year to RM 5.76 million due to lower construction and property contributions and goodwill impairment.
Net operating cash flow fell 81% from a year earlier to RM 17.34 million.
The 5.9MWa.c. solar plant in Tawau, Sabah, began operations in December 2025, contributing revenue during the quarter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gadang Holdings Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3717131) on October 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Gadang Holdings' Net Profit for Three Months Ended August 31 Falls 80% Year-on-Year to RM 2.43 Million

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