Zetrix AI, HeiTech Padu, 7-Eleven Malaysia, AEON, Johor Plantations, Hap Seng Plantations, TSH Resources, Prolintas Infra Business Trust, Taliworks, Amway, Perak Transit, Dialog, MGB, Hailey, Wawasan Dengkil, Nestcon and Tenaga Nasional

TheEdge Wed, Nov 19, 2025 11:50pm - 3 months View Original


KUALA LUMPUR (Nov 19): Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday:

Zetrix AI Bhd (KL:ZETRIX), formerly known as MyEG Services Bhd, saw its net profit for the third quarter ended Sept 30, 2025 (3QFY2025) hit a record high of RM220.36 million, a 12.98% rise from RM195.05 million a year ago. Quarterly revenue rose 37.69% to RM341.65 million from RM248.13 million. The group attributed its stronger top line and bottom line performances to contributions from Web3 application service fees on its Zetrix blockchain platform, including the Malaysia Blockchain Infrastructure, ZTrade, ZCert, global voting applications and Digital ID registration and transactions. It was also contributed by proceeds from the sale of Zetrix tokens and a fair value gain from investment in HeiTech Padu Bhd (KL:HTPADU) as a result of mark-market practice. It did not recommend any dividend for the quarter. — Zetrix AI logs another record high in quarterly earnings, revenue

7-Eleven Malaysia Holdings Bhd (KL:SEM) posted an 80.52% year-on-year decline in net profit to RM2.13 million for 3QFY2025, as investment costs for 7-Café expansion ate into its profitability. During the quarter, the group rolled out 277 new 7-Café stores, bringing the total 7-Café stores to 748. Quarterly net profit stood at RM10.93 million. Revenue, however, rose 6.96% to RM795.85 million from RM744.05 million a year earlier, aided by an additional 67 new store openings,  bringing the total stores count to 2,678. It did not recommend any dividend for the quarter. — 7-Eleven Malaysia’s 3Q profit tumbles 80% on 7-Café expansion costs 

AEON Co (M) Bhd (KL:AEON) posted a 22.2% drop in net profit to RM14.62 million for 3QFY2025, from RM18.79 million a year earlier, weighed down by weaker retail revenue amid softer consumer spending. Its revenue eased 0.8% to RM995.2 million from RM1 billion a year ago. No dividend was declared for the quarter. —  AEON Co’s 3Q profit down 22% on soft consumer spending 

Johor Plantations Group Bhd’s (KL:JPG) net profit for 3QFY2025 has surpassed the RM100 million mark on the back of stronger selling prices and higher volumes. Quarterly net profit rose 37.5% to RM106.04 million from RM77.11 million in 3QFY2024, while revenue increased 22.8% to RM496.15 million from RM404.13 million. The group declared a higher dividend of 1.75 sen per share, up from 1.25 sen a year earlier. This brings year-to-date dividends to four sen, compared with 2.5 sen previously.  — Johor Plantations 3Q net profit up 37.5%, declares higher dividend of 1.75 sen 

Hap Seng Plantations Holdings Bhd's (KL:HSPLANT) net profit declined 5.51% to RM52.38 million in 3QFY2025, from RM55.43 million a year earlier, dragged by lower sales volume, but cushioned by higher palm product prices. Quarterly revenue eased 4.35% to RM169.55 million from RM177.26 million, due to lower sales volume of palm products. The company did not recommend any dividend for the quarter. — Hap Seng Plantations' 3Q net profit down 5.5% on lower sales volume

TSH Resources Bhd (KL:TSH) registered a net profit of RM56.4 million for 3QFY2025, jumping 70.2% from RM33.14 million a year earlier, driven by higher revenue from its palm products segment, lower corporate expenses and lower finance costs. Quarterly revenue rose 13.67% to RM263.65 million from RM231.94 million. The higher revenue from palm products was helped by increased sales volume and average selling prices for crude palm oil (CPO) and palm kernel. The company did not recommend any dividend for the quarter. — TSH Resources' 3Q net profit jumps 70% on higher palm products revenue, lower expenses 

Prolintas Infra Business Trust (KL:PLINTAS), which manages four highways in the Klang Valley, reported a 19.3% decline in net profit for 3QFY2025 to RM9.76 million from RM12.09 million a year earlier, owing to the absence of a deferred tax credit that boosted earnings in the previous year. Quarterly revenue rose 1.9% to RM82.95 million from RM81.41 million in 3QFY2024, driven by higher traffic volumes across all four highways, which recorded a toll revenue growth of between 2.8% and 5.1% . The company did not propose any distribution for the quarter under review. — Prolintas Infra Business Trust's 3Q net profit falls 19% on absence of tax credit 

Taliworks Corp Bhd’s (KL:TALIWRK) net profit surged 85.6% to RM45.02 million for 3QFY2025, from RM24.25 million a year earlier, supported by a substantial one-off gain from its associate and improved segmental performance. The profit increase was mainly due to a RM27.12 million share of profit from associate SWM Environment Holdings Sdn Bhd, which recognised a one-off net reversal of receivables provision of RM112.69 million. Revenue declined 29.8% to RM110.85 million, mostly due to a significant decline in the toll highway segment and a slight reduction in the water treatment and supply segment. In contrast, the construction segment posted higher revenue, while the renewable energy segment remained broadly unchanged. It declared a third interim dividend of half a sen per share, payable on Dec 24. — Boosted by one-off gain, Taliworks’ 3Q net profit up 86% despite 30% revenue drop 

Amway (M) Holdings Bhd’s (KL:AMWAY) net profit more than halved to RM14.62 million in 3QFY2025, from RM32.88 million a year earlier on lower sales volume and higher Amway Business Owner (ABO) incentive provision. Quarterly revenue declined 8.1% to RM275.55 million from RM299.84 million, due to lower demand for health & wellness products and home appliances, partially offset by new cellular health product launch during the quarter. It has maintained a dividend payout of five sen per share, payable on Dec 19. This brings its year-to-date dividend to 15 sen per share. Looking ahead. — Amway maintains five sen dividend even as 3Q earnings halve 

Perak Transit Bhd (KL:PTRANS), whose shares have come under pressure recently, reported a 12.1% increase in net profit to RM19.86 million for 3QY2025, from RM17.71 million a year earlier, mainly due to the absence of private placement fees related expenses tied to the Sukuk Wakalah Programme and sharp reduction in general and administrative expenses. Revenue, however, declined 5.7% to RM49.09 million from RM52.08 million, dragged down by lower contributions from integrated public transportation terminal operations. Despite the higher net profit, Perak Transit declared a lower dividend of 0.25 sen per share, down from half a sen a year earlier. — Beaten-down Perak Transit posts 12% rise in 3Q net profit, declares lower dividend 

Dialog Group Bhd (KL:DIALOG) has secured a contract worth about RM1 billion from Pengerang Terminals (Two) Sdn Bhd (PT2SB) to develop new biofuel storage and handling facilities within the Pengerang Integrated Complex. The scope of work covers the engineering, procurement and construction of tanks for bio feedstocks and finished biofuel products together with the supporting infrastructure required for storage, transfer and handling operations. PT2SB, which owns and operates a dedicated deep-water terminal serving the complex, is jointly owned by Dialog Equity (Two) Sdn Bhd (25%), PRPC Utilities and Facilities Sdn Bhd (40%), Vopak Terminal Pengerang BV (25%) and Permodalan Darul Ta'zim Sdn Bhd (10%). — Dialog bags RM1 bil contract to build biofuel storage at Pengerang 

MGB Bhd (KL:MGB), a subsidiary of LBS Bina Group Bhd (KL:LBS), said its Saudi joint-venture company, MGB Alameriah Contracting Company, has secured its largest overseas contract to date — worth up to RM444 million — from Beetah Real Estate Company. The contract covers the engineering, procurement and construction of 440 apartment units for a residential and commercial development in Al Madina Al Manowara, Medina, Saudi Arabia. Construction is expected to start on March 1, 2026 and take 30 months to complete. — MGB secures up to RM444 mil Saudi contract, its largest overseas deal to date 

Haily Group Bhd (KL:HAILY) has secured two construction contracts worth a combined RM80.3 million for residential projects in Taman Bestari Perdana, Plentong, Johor Bahru. The first contract, valued at RM49 million, covers the construction of 222 double-storey terrace houses, while the second contract, worth RM31.3 million, involves building 146 double-storey terrace houses. With the latest jobs win, Haily’s cumulative secured contracts for the year is estimated to have risen to RM345.52 million. — Haily secures two construction deals in Johor Bahru worth over RM80 mil 

Earthworks and civil engineering construction services company Wawasan Dengkil Holdings Bhd (KL:DENGKIL) is expanding its business into renewable energy via a joint venture with Nestcon Bhd (KL:NESTCON) to develop a 70 megawatt (MW) large-scale solar (LSS) photovoltaic plant in Kedah. Wawasan Dengkil will hold a 70% stake in the JV company, with Nestcon owning the remaining 30%. The plant, located in Mukim Ayer Puteh, Pendang, will be developed under the LSS Petra 5+ programme and is backed by a 21-year solar power purchase agreement with Tenaga Nasional Bhd (KL:TENAGA).  — Wawasan Dengkil diversifies into renewable energy via solar JV with Nestcon

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