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Pekat Group Surpasses Expectations with Strong Q3 2023 Performance

Pekat Group remains committed to sustainable solutions and aims to capitalize on opportunities in the renewable energy sector.

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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