PETALING JAYA: TDM Bhd
, controlled by the Terengganu government, has swung into sequential losses in the first quarter ended March 31, 2026 (1Q26), as profits from both its plantation and healthcare arms fell sharply from the preceding quarter.
TDM announced a net loss of RM5.78mil for 1Q26 via a bourse filing yesterday.
The plantation division suffered a 79% drop in earnings before interest, tax, depreciation and amortisation (Ebitda) from 4Q25 amid lower sales volume of crude palm oil and palm kernel.
The healthcare division’s Ebitda, meanwhile, fell by 60.3% sequentially.
TDM owns five community specialist hospitals via Kumpulan Medic Iman Sdn Bhd. On a year-on-year (y-o-y) basis, TDM’s overall net loss narrowed from RM17.66mil to RM5.78mil in 1Q26.
This was achieved on the back of stronger 1Q26 revenue, which surged 34.1% y-o-y to RM174.54mil.
No dividend was declared for the quarter.
