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Sunday, 25 October 2026

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MN Holdings’ Record Profit Highlights Malaysia’s Power Infrastructure Cycle

By TLA AI Editor3 min read

Kuala Lumpur, 26 August 2026 – MN Holdings Berhad closed its 2026 financial year with record earnings as accelerating substation work pushed revenue and profit sharply higher, giving investors a clearer view of how Malaysia’s electricity expansion and data-centre build-out are flowing into the order books of local engineering contractors.

Profit after tax rose 92% to RM92.47 million for the year ended 30 June, while revenue increased 61% to RM869.19 million. The substation engineering business generated RM766.46 million, more than double the previous year and equal to about 88% of group revenue. Underground utilities supplied the balance, leaving the company increasingly exposed to the pace and execution of large power projects.

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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.