Business
AIZO Posts Higher Q3 FY2026 Revenue by 8.4% to RM34.85 Million
KUALA LUMPUR, MY / ACCESS Newswire / May 22, 2026 / AIZO Group Berhad("AIZO" or the "Company"), today announced its unaudited financial results for the third quarter ended 31 March 2026 ("Q3 FY2026"), recording revenue of RM34.85 million, representing ...
About this update from Aizo Group Berhad
[{"type":"text","content":"KUALA LUMPUR, MY / ACCESS Newswire / May 22, 2026 / AIZO Group Berhad ("AIZO" or the "Company"), today announced its unaudited financial results for the third quarter ended 31 March 2026 ("Q3 FY2026"), recording revenue of RM34.85 million, representing an 8.43% increase from RM32.15 million in the corresponding quarter last year.","length":361,"tagName":"p"},{"type":"text","content":"The Company reported a significantly reduced loss before tax ("LBT") of RM0.86 million compared to LBT of RM3.40 million in Q4 FPE2025, reflecting improving operational improvements across its core business segments, particularly civil engineering and renewable energy. Loss after tax narrowed substantially to RM0.79 million from RM3.76 million previously. The improved performance was primarily driven by higher work volume at the Selinsing Gold Mine site, stronger execution within selected civil engineering projects, as well as improved plant availability within the energy segment.","length":597,"tagName":"p"},{"type":"text","content":"For the quarter under review, the civil engineering division remained the Company's largest contributor, generating revenue of RM26.69 million against RM21.86 million a year earlier. The segment also returned to stronger profitability with operating profit of RM0.89 million versus a marginal operating loss recorded in the corresponding quarter last year, supported by improved contributions from the Ketengah project and higher operational efficiency.","length":457,"tagName":"p"},{"type":"text","content":"Meanwhile, the energy segment maintained encouraging momentum demonstrate encouraging momentum, with revenue rising to RM2.16 million from RM1.85 million previously, while operating profit improved to RM0.65 million from RM0.54 million. The stronger performance was attributable to improved plant availability and more stable operational output during the quarter.","length":364,"tagName":"p"},{"type":"text","content":"The bituminous products division recorded revenue of RM5.99 million against RM8.42 million previously, as global bitumen price weakness continued to affect selling prices and overall trading activity. Nevertheless, the segment remained profitable with operating profit of RM0.18 million during the quarter.","length":306,"tagName":"p"},{"type":"text","content":"On a ...