UEM Edgenta Starts Q1 FY2023 With Strong Earnings And New Contract Wins

KUALA LUMPUR, May 31 (Bernama) — UEM Edgenta Berhad (“UEM Edgenta” or the “Company”), the leading Asset Management and Infrastructure Solutions company in the region, has announced its unaudited financial results for the period ending 31 March 2023 (“Q1 FY2023”).
 
During the first quarter, UEM Edgenta commenced the business year strongly, achieving a revenue growth of 17.2% to RM631.8 million compared to RM539.2 million in the corresponding quarter of the previous year (Q1 FY2022). The company also recorded a 15.9% growth in profit after tax and non- controlling interest (“PATANCI”), amounting to RM10.9 million in Q1 FY2023, up from RM9.4 million in Q1 FY2022.

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