KUALA LUMPUR, 26 February 2026 – Elridge Energy Holdings Berhad (“Elridge Energy Group” or “Group”) today announced its financial results for the fourth quarter ended 31 December 2025 (“Q4 2025”).
For Q4 2025, the Group recorded revenue of RM113.32 million, compared to RM95.55 million in the corresponding fourth quarter of 2024 (“Q4 2024”). Profit before tax rose to RM23.72 million from RM13.79 million previously, while net profit increased to RM17.71 million, compared to RM9.63 million in Q4 2024.
On a cumulative basis for the financial year ended 31 December 2025 (“FYE 2025”), revenue increased to RM431.98 million from RM389.05 million in FYE 2024. Profit before tax rose to RM75.90 million, compared to RM56.35 million in the preceding financial year, while net profit increased by approximately 39% to RM57.31 million, from RM41.17 million previously.
Basic earnings per share stood at 0.89 sen for Q4 2025 and 2.87 sen for FYE 2025, compared to 0.48 sen and 2.06 sen respectively in the previous year.
Commenting on the results, Oliver Yeo, Executive Director and Chief Executive Officer of Elridge Energy Holdings Berhad, said, “Our fourth quarter and full-year performance reflects improved product margins and higher Palm Kernel Shells (“PKS”) sales. We remain focused on operational discipline while progressing with our capacity expansion initiatives.”
He added, “With the Kuantan facility now operational, we are entering the next phase of our expansion plan. Our focus in 2026 will be on progressively ramping up production capacity while maintaining operational efficiency and cost discipline.”
PKS remained the Group’s primary revenue contributor, generating RM109.78 million in Q4 2025 and RM388.63 million for FYE 2025, compared to RM81.03 million and RM331.32 million respectively in the prior year.
As at 31 December 2025, net assets per share improved to 11.60 sen, compared to 8.73 sen previously.
On 9 February 2026, the Group officially launched its new Kuantan facility as part of its planned production capacity expansion. The Pasir Gudang, Johor and Lahad Datu, Sabah facilities remain under development and are progressing in accordance with the Group’s previously announced timeline.
Recently as announced on Bursa Malaysia, the Group also signed a memorandum of understanding (MoU) with Berkana from Thailand as well as a MoU with Green Stream LLC from Saudi Arabia. These developments form part of the Group’s ongoing efforts to strengthen its commercial footprint and support its longer-term operational plans.
For more information, please visit: https://elridgeenergyholdings.com/
Malaysia is reviewing its petroleum reserves to enhance energy security and address global supply uncertainties…
A new Washington Post-Ipsos poll shows Democrats leading Republicans ahead of the 2026 US midterms,…
A former bank analyst has been sentenced to jail after falsely presenting himself as a…
Budget 2027 will prioritize economic growth, rakyat welfare, and sustainability, addressing current challenges while ensuring…
WellCall Holdings may rise if RM1.19 resistance is breached, otherwise selling pressure could increase.
FEYTECH shows potential for a price increase if it breaks RM0.245 resistance, but risks decline…
This website uses cookies.