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New Straits Times
22-04-2025
- Business
- New Straits Times
Aneka Jaringan Q2 earnings surge sixfold to RM749,000
KUALA LUMPUR: Aneka Jaringan Holdings Bhd posted a net profit of RM749,000 for the second quarter of 2025 (2Q25), up from RM121,000 in the same period last year. Revenue rose 23.5 per cent to RM66.96 million from RM54.22 million a year ago, supported by stronger contributions from ongoing projects and improved execution efficiency in both Malaysia and Indonesia. Aneka Jaringan said it will closely monitor the ongoing uncertainty in the global trade environment and take appropriate steps to minimise its impact. "The group maintains its cautiously optimistic outlook for its financial performance in the financial year ending Aug 31, 2025," it said. Its managing director Pang Tse Fui said the profitability reflects the resilience of their operations and the successful delivery of key projects in both Malaysia and Indonesia. "With RM146.43 million in revenue achieved in just the first half of the financial year, we are well on track to deliver a better performance compared to the previous year. "Backed by a healthy order book and disciplined cost management, we remain focused on executing our projects efficiently while continuing to pursue strategic contract wins to drive sustainable long-term growth," he said in a statement. As of Feb 28, 2025, Aneka Jaringan's order book stood at RM198.97 million, bolstered by RM99.03 million in new projects secured year-to-date. Its share price closed 3.85 per cent higher at 13.5 sen, giving the company a market capitalisation of RM90 million.
The Star
22-04-2025
- Business
- The Star
Aneka Jaringan on track for stronger FY25
Aneka Jaringan Holdings Bhd managing director Pang Tse Fui KUALA LUMPUR: Aneka Jaringan Holdings Bhd is well on track to deliver a stronger performance this financial year, having already recorded RM146.43mil in revenue for the first half, surpassing the pace set in the previous year. 'Backed by a healthy order book and disciplined cost management, we remain focused on executing our projects efficiently while continuing to pursue strategic contract wins to drive sustainable long-term growth,' managing director Pang Tse Fui said in a statement. The basement and foundation construction specialist's order book stood at RM198.97mil as at Feb 28, backed by RM99.03mil in new projects secured year-to-date — signalling a healthy pipeline that is set to support earnings visibility through financial year ending Aug 31, 2025 (FY25) and beyond. In the second quarter ended Feb 28 (2Q25), Aneka Jaringan's net profit surged to RM749,000, or earnings per share of 0.11 sen, bringing its first-half net profit to RM2.9mil, or 0.43 sen. Revenue rose 23.5% to RM66.9mil in 2Q25, lifting total revenue for the first six months to RM146.4mil. 'We are pleased to have delivered another quarter of profitability, supported by solid revenue growth and improving margins. This reflects the resilience of our operations and the successful execution of our core projects both in Malaysia and Indonesia,' Pang said. Looking ahead, Aneka Jaringan remains cautiously optimistic about the construction industry. Despite challenges like global supply chain issues and rising costs, the group is staying focused on efficient operations, using technology to boost productivity, and bidding for key infrastructure and urban projects. 'With a clear growth strategy and solid financial fundamentals, Aneka Jaringan is confident in maintaining its positive performance trajectory for the remainder of the financial year.'
