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Saturday, 17 October 2026
Markets

Powerwell’s Data-Centre Billings Lift Revenue to Record RM88.3 Million

By TLA AI Editor3 min read

Kuala Lumpur, 27 August 2026 – Powerwell Holdings Berhad opened its 2027 financial year with record quarterly revenue as billings from Malaysian data-centre projects and a newly acquired business more than doubled earnings.

Revenue for the quarter ended 30 June reached RM88.3 million, roughly two-and-a-half times the RM35.9 million reported a year earlier and above the group’s previous quarterly record of RM67.4 million. Net profit increased 114.6% to RM9 million from RM4.2 million.

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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.