Wawasan Dengkil’s 2QFY2026 net profit falls to RM700,000; no update on January MoU

KUALA LUMPUR (Feb 21): Wawasan Dengkil Holdings Bhd reported a lower net profit of RM700,000 for the second quarter ended Dec 31, 2025 (2QFY2026), down from RM3.35 million a year earlier, according to its Bursa Malaysia filing on Friday.

Quarterly revenue edged up to RM49.39 million from RM48.05 million previously. However, profit before tax declined to RM1.02 million from RM4.51 million, while basic earnings per share fell to 0.13 sen from 0.62 sen.

Gross profit narrowed to RM3.46 million from RM6.71 million, with gross margin contracting to about 7% from approximately 14% in the corresponding quarter, based on the reported figures.

For the six months ended Dec 31, 2025, net profit decreased to RM3.40 million from RM6.05 million, despite revenue rising to RM102.58 million from RM94.05 million.

Net assets per share stood at 20 sen as at Dec 31, 2025, compared with 19 sen at the end of the previous financial year. No dividend was declared for the quarter.

Separately, the company said there has been no new development on the memorandum of understanding dated Jan 15, 2026 between Kester Sdn Bhd and its wholly owned subsidiary, Wawasan Dengkil Sdn Bhd.

Shares of Wawasan Dengkil closed at 17 sen on Friday, unchanged from the previous session, with trading activity confined within a narrow range of 16.5 sen to 17 sen on moderate volume of 171,500 shares. The counter remains close to its 52-week low of 16 sen, against a 52-week high of 27 sen.

Unlock Malaysia’s shifting industrial map. Track where new housing is emerging as talents converge around I4.0 industrial parks across Peninsular Malaysia. Download the Industrial Special Report now.