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Tuesday, 20 October 2026

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RSSB Extends Turnaround Momentum as 3QFY26 Net Profit Climbs 3.8-Fold

By Abigail Cheong4 min read

Kuala Lumpur, 27 May 2026 – Rivertree STF Synergies Berhad (RSSB) is showing early signs of a clearer earnings recovery after the Main Market-listed property developer and construction services provider posted a sharp quarter-on-quarter improvement in profitability for its third quarter ended 31 March 2026.

The Group reported a net profit of RM1.6 million for 3QFY26, representing a 3.8-fold increase from RM426,000 in the preceding quarter. Revenue for the quarter stood at RM8.2 million, supported mainly by progressive recognition from the Laman Lentera and Bukit Gambir projects, as well as sales of development land under its property development segment.

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Author

  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.