Golden Destinations posts RM12.89mil adjusted H1 profit
KUALA LUMPUR: Golden Destinations Group Bhd, a full-service outbound travel experience curator, recorded an adjusted net profit of RM12.89 million for the first half (H1) ended June 30, 2026.
Golden Destinations Group Bhd, a full-service outbound travel experience curator, announced an adjusted net profit of RM12.89 million for the first half (H1) that ended on June 30, 2026. This profit did not include one-off IPO listing expenses of RM4.55 million. Adjusted net profit for the second quarter came to RM4.83 million. The company's total revenue for the H1 was RM240.40 million, while for the second quarter, it was RM113.17 million.
Golden Destinations said that its travel experience segment, generating RM165.47 million or roughly 69 percent of H1 revenue, remained the primary contributor. Ticketing and other services added RM74.93 million to the revenue. Managing director Mita Lim stated that if one excludes these expenses, the company still maintained profitability.
The adjusted pre-tax profit for the second quarter was RM5.98 million, and for the first half, it was RM16.92 million. Golden Destinations observed that travel demand is shifting towards Asia-centric destinations, which is in line with their core market focus. The company aims to expand into Sabah and Sarawak, and Singapore, strengthen its brand and IT infrastructure, and enhance the workforce capabilities to support long-term growth.
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