NationGate 1Q net profit more than doubles to RM53.88mil

KUALA LUMPUR: Nationgate Holdings Bhd posted a net profit of RM53.88 million for the first quarter ended March 31, 2025 (1Q 2025), more than doubled the RM21.01 million recorded in the same period last year.

Revenue surged to RM2.84 billion from RM207.01 million previously, boosted by strong demand in data computing segment, it said in a filing with Bursa Malaysia.