Capital A Posts RM13.03 Bln FY2025 Net Profit Following Disposal of Aviation Business

KUALA LUMPUR, Feb 25 (Bernama) -- Capital A Bhd reported a net profit of RM13.03 billion for the financial year ended Dec 31, 2025 (FY2025), from a net loss of RM501.24 million in the previous year, reflecting the disposal of its aviation business, with segmental reporting distinguishing between continuing operations and discontinued operations.

Revenue increased to RM1.99 billion compared with RM1.70 billion in FY2024.

For the fourth quarter (4Q) of FY2025, a net profit of RM10.20 billion was recorded against a net loss of RM1.65 billion, boosted by a one-off gain of RM9.7 billion from the disposal of its aviation business to AirAsia X Bhd.

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Revenue for the quarter was higher at RM769.07 million compared with RM518.5 million in FY2024. 

In a Bursa Malaysia filing today, Capital A said it gained from the disposal of its aviation business to AirAsia X Bhd, alongside improved operational performance across its core segments.

The company said it had provided advanced financial assistance to its associate and subsidiary companies up to the 4Q FY2025, totalling about RM10.76 million. 

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The assistance included an advance of US$43,026 (RM174,556) to PT Asia Digital Engineering Indonesia via Asia Digital Engineering Sdn Bhd, as well as US$712,928 (RM2.89 million) to ADE Philippines Inc through the same unit.

Additionally, a total of RM7.69 million was advanced to BigPay Pte Ltd via Move Digital Sdn Bhd between October and December 2025.

The financial assistance provided was in the ordinary course of business and to facilitate the operations and financial affairs of the companies.

Capital A said the 4Q results were consistent with the aviation industry’s seasonal patterns, with a stronger performance and positive earnings before interest, taxes, depreciation, and amortisation (EBITDA) of RM1.01 billion.

This was slightly lower than RM1.1 billion recorded in the preceding quarter due to discontinuing operations being accounted for only two months during the period.

Meanwhile, Capital A said its companies largely met targets despite operational headwinds during the quarter.

“Teleport’s longer-than-expected fundraising process delayed anticipated working capital injection, while Santan was impacted by airline seats not materialising as budgeted, although this was mitigated by improved take-up rates and higher revenue per passenger,” it said.

Capital A said its internal targets are premised on a stable economic and political environment, as well as prevailing legislation and regulatory conditions.

“The board remains confident in the company’s prospects and is committed to driving robust operational and financial performance to deliver durable long-term returns to our shareholders,” it added.

-- BERNAMA