{
  "id": 9150820,
  "title": "Cypark returned to black in Q1 FY27",
  "url": "https://urgent.news/2026/09/22/cypark-returned-to-black-in-q1-fy27",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-22T13:59:48.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/09/1538756/cypark-returned-black-q1-fy27"
  },
  "original_language": "en",
  "account": "Cypark Resources Bhd reported a return to profitability in the first quarter of its fiscal year 2027, with a net profit of RM5.7 million compared to a loss of RM18.6 million the previous year. The company's revenue surged to RM180 million, up from RM41.6 million a year prior, driven by its core operations and new revenue streams. The renewable energy segment saw a 4.9% YoY increase in external revenue to RM29.8 million, while circular waste and waste to energy revenue grew 36.2% to RM17.7 million. Segment earnings before interest, tax, depreciation, and amortisation (EBITDA) more than doubled to RM56.44 million, with the RE business leading the group with RM25.5 million in EBITDA. Orders and tenders stood at RM2.4 billion and RM2.2 billion, respectively. Group managing director Datuk Ami Moris attributed the turnaround to the company's strategy coming to fruition, valuing Cypark at RM583.49 million after its share price closed 3.08% higher at 67 sen.",
  "summary": "KUALA LUMPUR: Cypark Resources Bhd returned to the black in the first quarter ended July 31, 2026 with a net profit of RM5.7 million from a loss of RM18.6 million a year ago.",
  "key_points": [],
  "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."
}