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Wednesday, 21 October 2026
Markets

Northeast 9MFPE2026 Net Profit Jumps 118.5% on Precision Engineering Demand

By Abigail Cheong3 min read

Penang, 24 August 2026 – Northeast Group Berhad delivered another strong quarter, with nine-month net profit surging 118.5% as global demand for precision engineering components strengthened across photonics, semiconductors, electrical and electronics and telecommunications.

For the third quarter ended 30 June 2026, the Group recorded revenue of RM42.9 million, up 35.3% from RM31.7 million a year earlier. Gross profit increased 35.0% to RM14.5 million from RM10.7 million.

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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.