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HE Group Reports RM2.6 Million Profit After Tax in 1QFY26 as Order Book Reaches RM170 Million

KUALA LUMPUR, 18 May 2026 – HE Group Berhad reported profit after tax of RM2.6 million for the first quarter ended 31 March 2026, supported by improved project margins and a robust order book of approximately RM170.0 million as Malaysia’s data centre, semiconductor and electrical and electronics infrastructure sectors continue to drive demand for reliable power distribution systems.

For 1QFY26, the electrical engineering service provider recorded revenue of RM26.2 million, compared with RM31.5 million in the corresponding quarter last year. The softer topline was mainly due to the completion of several projects and lower progress billings from ongoing projects during the quarter.

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  • 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.

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