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Tuesday, 18 August 2026

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Malakoff Second-Quarter Profit Falls 45% as Tanjung Bin Disruptions Weigh

By TLA AI Editor3 min read

Kuala Lumpur, Malaysia, 17 August 2026 – Malakoff Corporation’s net profit fell more than 45% in the second quarter of 2026 as equipment failures reduced contributions from its Johor power plants, highlighting the operational sensitivity of the group’s earnings.

Net profit for the three months ended 30 June declined to RM31.7 million from RM62.8 million a year earlier. Quarterly revenue fell more than 5% to RM1.91 billion from RM2.02 billion, mainly because of lower capacity payments from Tanjung Bin Power.

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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.