Pekat Group Surpasses Expectations with Strong Q3 2023 Performance

Pekat Group Berhad has reported robust financial results for Q3 2023, surpassing expectations with a Profit After Tax (PAT) of RM10.2 million, outshining FY2022’s RM10 million.

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Pekat Group’s Revenue

The company demonstrated a remarkable 60.4% surge in PAT compared to Q3 2022. The Q3 2023 revenue reached RM62.9 million, reflecting a successful execution of solar photovoltaic projects. The 9M2023 PAT surged by 34.2%, reaching RM10.2 million.

The overall revenue for the nine months ended September 2023 increased by 26.1% year-over-year, reaching RM169.2 million. Pekat Group remains committed to sustainable solutions and aims to capitalize on opportunities in the renewable energy sector.

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