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Tuesday, 11 August 2026

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Tex Cycle Records 180% Revenue Surge in Q2 FY2026 Driven by Recycling Demand and Meridian Integration

By Abigail Cheong3 min read

Kuala Lumpur, 11 August 2026 – Waste management and recycling solutions provider Tex Cycle Technology (M) Berhad has reported a 180 percent year-on-year surge in revenue for the second quarter ended 30 June 2026, reaching RM24.1 million compared to RM8.6 million in the corresponding period last year.

The group’s profit before tax for the quarter expanded by 25 percent to RM4.3 million from RM3.4 million in the second quarter of FY2025. Net profit for the three-month period reached RM3.1 million, delivering basic earnings per share of 1.16 sen.

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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.