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George Kent becomes profitable in 1Q27
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PETALING JAYA: George Kent (M) Bhd returned to the black in the first quarter ended June 30, 2026 (1Q27), posting a net profit of RM279,000 compared with a net loss of RM8.1mil in 1Q26.

Revenue for the quarter under review rose 4.3% to RM39.28mil from RM37.65mil a year earlier.

In a statement, the engineering and metering company said it achieved core profit after tax of RM1.09mil for 1Q27, before its share of results of associates, compared with a core loss of RM6.96mil in the corresponding quarter last year.

The improved performance was supported by the continued resilience of its intelligent technology solutions (ITS) division and higher revenue contribution from ongoing infrastructure construction projects.

The ITS division recorded revenue of RM32.52mil for the quarter, compared with RM32mil a year earlier, contributing 82.8% of group revenue.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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