UEM EDGENTA POSTS 3Q NET LOSS OF RM94.12 MLN 

KUALA LUMPUR, Nov 26 (Bernama) -- UEM Edgenta Bhd posted a net loss of RM94.12 million for the third quarter (3Q) ended Sept 30, 2025, compared with a net profit of RM10.23 million a year earlier, due to significant one-off, non-cash impairments of goodwill, non-current assets, and long-outstanding receivables.

The asset management and infrastructure solutions company said in a statement that revenue for the quarter fell to RM770.8 million, from RM793.2 million in the corresponding quarter last year.

Managing director and chief executive officer Shaiful Subhan said the group views this quarter’s performance as a necessary structural reset while navigating the transition between concession cycles.

“It is crucial to highlight that despite the reported loss, the impact stems largely from one-off, non-cash balance-sheet adjustments arising from our reassessment of asset carrying values and credit exposures.

“These adjustments do not affect our operational capacity or liquidity. Our operating cash flow remains positive, enabling us to sustain disciplined cost management supported by technology-driven operational efficiency,” he said.

Shaiful added that the group’s fundamentals remain robust, supported by diversified growth in international markets, and expressed confidence that the strategic measures being executed will neutralise headwinds and return the group to sustainable profitability in the near term.

In a filing with Bursa Malaysia, the company reported a net loss of RM102.47 million for the nine months ended Sept 30, 2025 (9M FY2025), compared with a net profit of RM32.56 million a year earlier. At the same time, revenue fell to RM2.15 billion from RM2.23 billion in the corresponding period.

According to the filing, the decline reflects the transitional period the group is navigating, characterised by lower translated contributions from foreign subsidiaries, and significant margin pressures arising from increased operating costs across key segments, especially the healthcare concession business.

On prospects, the group said it will continue to strengthen operational fundamentals, focusing on cost optimisation initiatives, improving business processes, and targeting contract acquisitions in high-growth markets, namely Singapore, Taiwan, the United Arab Emirates, and Saudi Arabia.

UEM Edgenta said these markets offer strong demand for high-quality, service-led, recurring-revenue business models, which are central to its growth strategy and earnings resilience.

“Coupled with our tech-enabled solutions and strategic partnerships with established players locally and internationally, UEM Edgenta is entering the final quarter of FY2025 with strengthening momentum and clear visibility toward future value creation,” it added.

-- BERNAMA