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.
Looking ahead, executive chairman Tan Sri Tan Kay Hock said the group would continue to grow its order book across the ITS and infrastructure construction divisions while pursuing opportunities for sustainable growth.
“We remain focused on building long-term value through operational discipline, market expansion and capability enhancement,” he added.
