Vantage 3Q26 earnings driven by restructuring

As at end-October, Vantris’ order book stood at RM6.3bil, with an additional RM3.9bil from joint ventures and associates.

PETALING JAYA: Vantris Energy Bhd, formerly Sapura Energy Bhd, returned to the black in the third quarter ended Oct 31, 2025 (3Q26), posting a net profit of RM4.27bil compared with a net loss of RM293.06mil a year earlier, following the completion of its financial restructuring.

In a statement, the group said the big earnings uplift was largely driven by material, non-recurring accounting gains from the restructuring exercise, including the recognition of RM4.47bil in forgiveness of debt resulting from the restructuring exercise, following the restructuring effective date on Sept 26, 2025.