Energy

Solarvest Achieves Record Nine-Month Earnings Performance

Solarvest Holdings Berhad, Malaysia’s largest solar EPCC player, focuses on clean energy, solar financing, and sustainability-driven growth through strategic acquisitions and government RE initiatives.

Kuala Lumpur, 24 February 2026 – Regional clean energy expert, Solarvest Holdings Berhad (Solarvest), today announced robust growth in 3QFY26, with revenue of RM181.2 million, up 33.8% from RM135.4 million in the corresponding quarter
last year (3QFY25).

Gross profit margin improved to 28.8% from 27.7% a year ago (3QFY26: RM52.2 million; 3QFY25: RM37.5 million). Profit after tax and non-controlling interest (net profit) rose to RM21.0 million, representing an increase of 45.8% from RM14.4 million in 3QFY25.

Solarvest Earnings Performance

The strong performance was primarily driven by utility-scale projects, supported by the commencement of the Large Scale Solar 5 Programme (LSS5) and the continued execution of the Corporate Green Power Programme (CGPP).

Net profit margin maintained steady at 11.6%, compared to 10.6% in 3QFY25.

Executive Director and Group Chief Executive Officer of Solarvest, Dato’ Davis Chong Chun Shiong (张俊雄) said, “We are pleased to report that the Group continues to chart a positive growth trajectory, underpinned by the timely execution of ongoing projects and
healthy pipeline of opportunities.

“The Group has also achieved another record-high unbilled EPCC order book of RM1,543 million, which will be progressively recognised over the financial years ending 31 March 2026 and 2028.”

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