Expanding renewable energy sector poised to buoy Wasco Greenergy

TheStar Mon, Feb 16, 2026 12:00am - 2 weeks View Original


PETALING JAYA: Wasco Greenergy Bhd outperformed in its fourth quarter financial year 2025 (4Q25), exceeding analysts’ financial year 2025 (FY25) full-year expectations.

Maybank Investment Bank Research (Maybank IB) said: “The company’s core net profits of RM10mil brought FY25 core earnings to RM29.3mil, reflecting a 27% increase year-on-year (y-o-y).”

According to Maybank IB, the renewable energy arm of Wasco Bhd have upbeat expectations due to an underlying variance of stronger-than-expected gross profit margins of 29.2% in FY25, due to better cost management and improved efficiencies.

The research house also said Wasco Greenergy’s outstanding order book stands at RM241.3mil, as at end of financial period December 2025.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

GENERGY 0.675
WASCO 1.000

Comments

Login to comment.