Shah Alam, 27 August 2025 – Hextar Capital Berhad (HCB) reported a consolidated revenue of RM11.5 million for the third quarter ended 30 June 2025 (Q3 2025), compared to RM14.8 million in the preceding quarter. The decline was primarily due to the completion of the JENDELA Phase 1 project. Despite the softer topline, the Group achieved a profit after tax (PAT) of RM2.7 million, demonstrating continued stability and resilience.
Year-on-year, PAT improved significantly, rising from RM0.9 million in Q3 2024 to RM2.7 million in Q3 2025, supported by the absence of amortisation charges from its prior acquisition of T & J Engineering Sdn. Bhd. and stronger contributions from associate companies.
Nine-Month Performance
For the nine months ended 30 June 2025, HCB recorded revenue of RM53.0 million, down 38% from RM85.5 million in the corresponding period last year, largely due to the conclusion of JENDELA Phase 1. However, contributions from new business segments amounting to RM20.9 million helped cushion the decline.
More notably, the Group’s PAT surged fivefold to RM10.0 million compared to RM1.9 million a year earlier, buoyed by improved profits from associates and the absence of amortisation charges.
Strategic Contributions from Associates
Earnings contributions from associate companies, particularly in the power and data infrastructure sectors, provided a strong buffer against softer revenue and underscored the Group’s successful diversification strategy.
Managing Director Johnson Chang commented:
“We are encouraged by our sustained profitability for the third consecutive quarter. This consistent earnings performance reflects the strength of our investment strategy and disciplined financial management. Positive contributions from our associates validate our long-term approach.”
He added:
“While revenue remains modest amid cyclical softness in certain segments, our fundamentals are strong. With key projects gaining momentum and more contract executions in the pipeline, we remain confident of delivering long-term stakeholder value through resilience, innovation, and diversification.”
Outlook
Looking ahead, Hextar Capital remains focused on leveraging its diversified portfolio, particularly in high-growth sectors such as power and data infrastructure, while ensuring disciplined cost management. The Group expects its fundamentals to strengthen further as new projects ramp up, positioning it for sustainable earnings growth in the coming quarters.
