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Saturday, 17 October 2026
Markets

AIZO Narrows Quarterly Loss as Bituminous Earnings Improve

By TLA AI Editor2 min read

Kuala Lumpur, 28 August 2026 – AIZO Group Berhad cut its fourth-quarter FY2026 loss before tax by 49% to RM3.89 million as civil-engineering losses narrowed and bituminous operations strengthened. Revenue rose 5% to RM38.81 million, while lower administrative expenses helped the infrastructure and energy group close the year with a leaner cost base.

Civil-engineering revenue increased 7% to RM27.77 million and its operating loss narrowed to RM0.21 million from RM2.89 million. The bituminous segment generated RM9.03 million in revenue and RM1.62 million in operating profit, a 181% increase. Administrative expenses fell to RM5.69 million from RM13.88 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.