KUALA LUMPUR, December 7 – UEM Edgenta Berhad, a leading asset management and infrastructure solutions company, reported steady financial growth for Q3 FY2024. Year-to-date revenue rose by 7.6% to RM2.23 billion compared to RM2.07 billion in 2023, while net profit surged 16.8% to RM33.4 million. Notably, Q3 net profit nearly doubled to RM10.4 million, reflecting the company’s strong strategic execution and operational resilience amidst economic challenges.
The company’s RM9.1 billion order book was bolstered by RM277 million in new contracts, primarily from engineering projects in Sabah and healthcare services in Singapore. UEM Edgenta’s strategic initiatives, including the integration of the recently acquired Kaizen Group and the achievement of its RM100 million savings target under the Edgenta of The Future 2025 program, underscore its commitment to innovation and sustainability.
CEO Syahrunizam Samsudin emphasized the company’s focus on operational excellence and expansion into key markets like the UAE and Saudi Arabia, ensuring sustainable growth and stakeholder value.
