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Wednesday, 21 October 2026
Markets

Adnex Group Q2 Pre-Tax Profit Climbs to RM4.62 Million as Post-IPO Operations Scale

By Abigail Cheong2 min read

Kuala Lumpur, 24 August 2026 – Interior fit-out specialist Adnex Group Berhad reported a pre-tax profit of RM4.62 million for the second quarter ended 30 June 2026 (Q2 FYE2026), marking an adjusted 19.65 percent quarter-on-quarter increase in underlying operational earnings during its first full operating quarter as a publicly listed entity.

The group posted Q2 FYE2026 revenue of RM29.12 million, representing a 6.93 percent sequential increase from RM27.24 million in Q1 FYE2026. Profit after tax came in at RM3.51 million. On a reported basis, pre-tax profit surged 479.05 percent quarter-on-quarter, primarily reflecting the normalization of earnings following the absence of RM3.06 million in one-off initial public offering (IPO) listing expenses incurred in the prior quarter. Excluding listing expenses, the group’s adjusted pre-tax profit margin expanded to 15.85 percent from 14.16 percent in Q1.

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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.