Trading ideas: Hartalega, Johor Plantations, Jasa Kita, Master Tec, Rimbunan Sawit, Hektar REIT, Keyfield, Pharmaniaga


KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Hartalega Holdings Bhd’s second quarter ended Sept 30, 2026 (2QFY27) net profit surged 79.3% to RM32.8mil, while revenue rose 19.5% to RM644.7mil, driven by higher selling prices and improved efficiency.

For 6MFY27, net profit more than tripled to RM102.8mil from RM30.9mil, while revenue increased 14.4% to RM1.25bil.

Johor Plantations Group Bhd’s third quarter ended Sept 30, 2026 (3Q26) net profit nearly doubled quarter-on-quarter to RM100.3mil, bringing its nine-month net profit to RM201.9mil.

The group recorded nine-month revenue of RM1.22bil, while declaring a third interim dividend of 1.5 sen per share.

Jasa Kita Bhd is disposing of its bathroom products division for RM12.9mil to redirect resources towards expanding its power sector business.

Master TEC Group Bhd’s third quarter ended Sept 30, 2026 (3Q26) net profit rose 16.6% to RM10mil, while revenue surged 72.5% to RM199.85mil, driven by stronger cable sales and higher trading and contract activities.

For 9M26, net profit increased 19.3% to RM23.82mil, while revenue climbed 48.3% to RM431.5mil.

Rimbunan Sawit Bhd plans to dispose of 613 hectares of land in Sarawak for RM18.39mil to streamline its plantation portfolio and raise working capital. The disposal is expected to be completed in the first half of 2027.

Hektar Real Estate Investment Trust (Hektar REIT) remains optimistic about its growth prospects despite a 14.5% decline in 3Q26 net profit to RM3.45mil, while revenue rose 3.2% to RM32.05mil. For 9M26, net profit increased 11.4% to RM14.33mil, with revenue edging up 1.1% to RM94.99mil.

Keyfield International Bhd's 3Q26 net profit held steady at RM41.4mil, while revenue rose 30.4% to RM172.47mil. The group declared a third interim dividend of 2 sen per share, bringing its total FY26 dividend to 6.5 sen.

Pharmaniaga Bhd's 3Q26 net profit more than tripled to RM26.9mil, while revenue edged up 0.7% to RM1.01bil, driven by higher insulin sales and interest savings.

For 9M26, net profit rose 72% to RM72.2mil, while revenue increased 8.2% to RM3.23bil. The group declared a third interim dividend of 0.32 sen per share.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit ends higher against major currencies
Dialog‘s upstream push to buoy earnings
Stronger loan growth likely to support RHB Bank earnings
Approved MRO investments hit RM4.16bil as of June
Cambodia expansion to drive Farm Fresh growth
OGSE segment set for spending recovery
Hektar-REIT upbeat on prospects
United Malacca takeover offer deemed as ‘not fair’
Malaysia Airlines calls for fair aid across airlines
S P Setia on track to submit REIT listing plan �

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read