Megan Holdings swings to FY26 first-half net loss of MYR 5.83 million; revenue falls 8.4% to MYR 12.78 million

Bitget2026/09/28 10:07

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Megan Holdings swung to a net loss of MYR 5.83 million for the six months ended June 30, 2026.
Revenue fell 8.4% to MYR 12.78 million versus the prior-year period.
Operating results turned to a loss of MYR 4.12 million, while general and administrative expenses jumped to MYR 4.18 million.
Gross profit dropped to MYR 1.48 million, and gross margin narrowed 5 percentage points to 11.6%.
The company cited higher building material and subcontract costs for the margin decline, and tied the net loss to higher overhead, tax charges, and credit-loss allowances.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Megan Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-103672), on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Megan Holdings swings to FY26 first-half net loss of MYR 5.83 million; revenue falls 8.4% to MYR 12.78 million

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