Vantris recorded RM75mil fourth-consecutive quarterly net profits in Q2
KUALA LUMPUR: Vantris Energy Bhd reported net profit of RM75.3 million in the second quarter ended July 31, 2026 (Q2 FY27) – its fourth consecutive quarter in the black – despite registering lower revenue.
Vantris Energy Bhd reported a net profit of RM75.3 million in Q2 FY27, marking its fourth consecutive quarterly profit. Despite revenue falling 22.8% to RM818 million, the company's turnaround was attributed to reduced foreign exchange losses, absence of a favourable insurance claim, and lower finance costs following a restructuring exercise.
The Engineering and Construction segment saw a 22.8% drop in revenue due to a shift towards service-centered activities and balanced risk exposure in Australia and Southeast Asia. Vantris' order book reached RM7 billion as of July 31, up from RM5.9 billion in Q1. CEO Muhammad Zamri Jusoh emphasized the company's commitment to converting orders into profitable deliveries through disciplined project execution and improved asset utilization.
The company also monitored geopolitical developments, particularly the Middle East conflict, but noted limited direct exposure.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
