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HE Group Posts Record Q2 as Net Profit Jumps 59% to RM5.1 Million on Data Centre Surge

By Abigail Cheong3 min read

Kuala Lumpur, 17 August 2026 – Electrical engineering services specialist HE Group Berhad delivered its strongest quarterly financial performance since listing, posting a 59.4 percent year-on-year surge in net profit to RM5.1 million for the second quarter ended 30 June 2026 (2Q FY2026), driven by accelerated project execution across high-voltage power distribution and critical data centre infrastructure.

The group’s quarterly revenue climbed 44.1 percent year-on-year to RM46.1 million compared to RM32.0 million recorded in the corresponding period last year (2Q FY2025). Top-line expansion was anchored primarily by the Power Distribution System division, which contributed RM40.6 million, accounting for 88.0 percent of total group revenue. The Electrical Equipment Hook-Up and Retrofitting division generated RM3.9 million (8.3 percent), while Other Building Systems and Works and the Trading of Electrical Products contributed RM1.2 million (2.7 percent) and RM0.5 million (1.0 percent) respectively.

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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.