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Saturday, 17 October 2026

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PSP Energy Crosses RM1 Billion Revenue in First Listed Year

By TLA AI Editor3 min read

Kuala Lumpur, 27 August 2026 – PSP Energy Bhd closed its first financial year as a listed company with record revenue of RM1.04 billion and profit after tax of RM23 million, supported by a broader fuel-distribution platform and growing bunkering activity. The result gives investors an early benchmark for the group’s scale in a working-capital-intensive industry.

Fourth-quarter revenue rose 13.1% sequentially to RM316.2 million. Fuel-distribution revenue increased 23.4% to RM200.7 million as bunkering orders strengthened, helping gross profit reach RM18.4 million. Profit before tax advanced 18.1% from the preceding quarter to RM11.4 million, while profit after tax climbed 33.5% to RM9.3 million.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.