{
  "id": 4372463,
  "title": "OCK set for earnings lift from RM500mil diigital pipeline",
  "url": "https://urgent.news/2026/08/30/ock-set-for-earnings-lift-from-rm500mil-diigital-pipeline",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-30T07:26:43.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/08/1522074/ock-set-earnings-lift-rm500mil-diigital-pipeline"
  },
  "original_language": "en",
  "account": "KUALA LUMPUR: OCK Group Bhd is set to experience a boost in earnings due to its expanding digital infrastructure portfolio, according to RHB Research. The research firm highlights that the company is shifting away from its traditional site contracting business, where growth has plateaued. OCK is now focusing on various digital initiatives such as broadband and connectivity services for university campuses, military bases, and fiberization projects, as well as smart city developments, all of which are part of their RM500 million digital infrastructure tender book. The firm anticipates that these projects could lead to significant wins in the future, potentially driving up margins and earnings in the medium term.\n\nIn addition, OCK is expanding its towerco business by acquiring regional sites, with plans for a potential initial public offering in the future. The company's results for the fourth quarter and fiscal year 2026 were in line with expectations, resulting in a higher-than-expected dividend income of RM9.5 million from its solar asset investment. OCK reported its strongest quarterly performance ever for Q4 FY26, with revenue increasing by 24.2% year-over-year to RM229 million, and pre-tax profit soaring by 135.9% to RM36.1 million. Net profit jumped an impressive 218.1% to RM23.6 million, while profit after tax attributable to minority interests grew by 384.6% to RM19.4 million. RHB Research maintains its Buy rating on the stock with a target price of 74 sen.",
  "summary": "KUALA LUMPUR: OCK Group Bhd is likely to see stronger earnings going forward on the back of its growing digital infrastructure tenderbook, said RHB Research.",
  "key_points": [
    "OCK Group to benefit from RM500mil digital infrastructure portfolio",
    "Company shifting from plateaued site contracting business",
    "OCK's Q4 FY26 results exceeded expectations with 24.2% revenue growth"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}