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Saturday, 17 October 2026
Markets

Unitrade Profit Climbs 68.5% as Wholesale Segment Regains Momentum

By TLA AI Editor2 min read

Kuala Lumpur, 28 August 2026 – Unitrade Industries Berhad lifted first-quarter FY2027 profit attributable to shareholders by 68.5% to RM10.9 million as its wholesale and distribution business recovered. Revenue increased 4.3% to RM418.8 million, while gross profit rose 3.3% to RM33.5 million, returning quarterly earnings above RM10 million for the first time since the third quarter of FY2024.

Wholesale and distribution generated RM239.7 million of revenue, up 23.7%, and segment profit rose to RM19.6 million from RM10.1 million. Metal recycling contributed RM150.5 million, down from RM187.7 million, while renewable energy, manufacturing and rental businesses all delivered smaller but growing contributions.

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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.