KUALA LUMPUR: Go Hub Capital Bhd remains optimistic on its outlook as it actively participates in several public and private tenders, with outcomes expected in the second half of 2025.
“The group sees rising opportunities from the government’s focus on expanding cashless payment systems, rail station extensions, and other infrastructure initiatives.
“Coupled with its AI-driven development roadmap and enhanced workforce capabilities, Go Hub is confident in sustaining long-term growth and creating value for its stakeholders,” the key transportation information technology solutions provider said in a statement.
In the second quarter ended June 30, Go Hub’s net profit surged 65.3% to RM1.45mil, or 0.36 sen per share, bringing first-half profit to RM1.64mil.
Quarterly revenue climbed 13.1% to RM11.2mil, lifting first-half revenue by 6% to RM20.6mil.
Executive director and CEO Tan Cherng Thong said the second quarter of FY2025 reflected the strength of the group’s recurring income base.
“The commencement of new operations such as the Gombak bus terminal and the KLIA TQMS project contributed positively to our financial performance, reinforcing the resilience of our business model.
“On a quarter-on-quarter basis, we delivered notable improvements in both revenue and profitability, validating the long-term value of our earlier investments in workforce expansion and project readiness,” he said.
Tan said the digitalisation of Malaysia’s public transport ecosystem remains a compelling growth avenue.
“With our expanded operational footprint and upcoming integrated centre in the Klang Valley, we are well-positioned to deliver future-ready solutions that enhance the commuting experience and support the nation’s transportation agenda.”
