Skip to content
Saturday, 17 October 2026

The Ledger Asia

Trusted Insights. Asian Perspective.

Subscribe
Markets

Powerwell’s Record FY2026 Profit Sets a Higher Bar for Data-Centre Growth

Powerwell’s record FY2026 profit and stronger first quarter set a higher execution bar as it works through large Johor data-centre orders and plans new capacity.

By TLA AI Editor3 min read

Kuala Lumpur, 25 September 2026 – Powerwell Holdings Berhad closed its annual and extraordinary general meetings with a record FY2026 net profit and a larger order pipeline, giving investors a clearer view of the execution challenge behind its data-centre-led expansion.

The electrical-distribution equipment maker reported FY2026 net profit of RM23.6 million, its highest to date, as revenue rose 15.7% to RM159.0 million. The year also marked its 40th anniversary and expansion into East Malaysia through the acquisition of the Tenaga Kenari group in Sarawak. The statement links these milestones to a broader footprint, but does not break out the acquired businesses’ contribution to profit.

Unlock the Full Article

This article is exclusive to The Ledger Asia Subsribers / PAID members.

Subscribe to Read More

Already have an account? Log in here

This content has been restricted to logged-in users only. Please log in to view this content.

Author

  • 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.