Latest Court Rejects DNAA Bid in Abu Sahid, Wife’s CBT and Money Laundering Case
Energy

Solarvest Achieves Record Nine-Month Earnings Performance

Solarvest Holdings Berhad reported a 33.8% revenue growth in 3QFY26, driven by utility-scale projects and increased net profit.

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.”

Business News

News Malaysia and Global

Read More News on Latest Malaysia

Read More News on Business News Malaysia

Read More News on SG Business News

Read More News on World Future TV

Read More News #latestmalaysia

Leave a Reply

Related stories