Companies bank on stronger 2H as restructuring drives growth
KUALA LUMPUR: Companies are hoping for a stronger second half of the year as they move to turn restructuring efforts, new investments and strategic acquisitions into stronger revenue and profitability.
Companies are optimistic about a stronger second half of the year as they implement restructuring efforts, new investments, and strategic acquisitions to boost revenue and profitability. Robo.ai Inc, for instance, has prioritized commercialisation, technology scaling, and supply chain strengthening in its second half of 2026 plans.
The company has completed a series of acquisitions, restructuring exercises, and corporate transactions since the start of the year, which have helped to wind down legacy operations and eliminate historical obligations. CEO Benjamin Zhai highlighted that these asset reorganisations and transactions are expected to positively impact the company's revenue and move shareholders' equity to a positive position.
With the first half of 2026 marking an inflection point in Robo.ai's transformation, the company anticipates higher revenue and improved profitability moving forward.
Brief written by urgent.news from New Straits Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.