Sapura Energy posts positive 4Q25 results

Quick Summary:

Sapura Energy Bhd is confident that it is well-positioned to sustain its recovery momentum, given the group's current RM8.5bil order book, the highest level achieved in the past few years.

Compared to the preceding quarter ended Oct 31, 2024 (3Q24), the group jumped back to the black from a loss of RM293.1mil in 3Q23, as revenue edged up 2.9% from RM1.15bil.

For the whole of FY25, the group recorded net earnings of RM189.5mil, also bouncing back from a net loss of RM508.7mil in FY24, as revenue increased 9% y-o-y to RM4.7bil.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Corporate News SapuraEnergy OrderBookGrowth EarningsTurnaround PN17Recovery OMSegment RegularisationPlan /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-28 @ 00:00:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 563 words

Reading Time: 4 minutes read

Sentences: 15 lines

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Copyright Owner: © The Star

News ID: 27374523

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