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Harvest Miracle’s Diversified Earnings Drive 358.4% Profit Growth

By TLA AI Editor3 min read

Kuala Lumpur, 27 August 2026 – Harvest Miracle Capital Bhd began its 2027 financial year with a broad-based earnings improvement, as new property income and stronger contributions from several operating segments lifted both profit and cash generation. Continuing-operations revenue rose 14.3% to RM64.21 million, while profit after tax surged 358.4% to RM3.19 million.

Gross profit more than doubled to RM13.75 million from RM6.27 million. Profit attributable to owners reached RM2.99 million, up 320%, and earnings per share increased to 0.15 sen from 0.04 sen. Operating cash flow turned positive at RM7.25 million, reversing an outflow of RM2.57 million a year earlier and giving the earnings recovery stronger financial substance.

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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.