UEM Edgenta Reports Solid Performance In 1H FY2023, Demonstrating Resilience And Growth

KUALA LUMPUR, Aug 29 (Bernama) — UEM Edgenta Berhad (“UEM Edgenta” or the “Company”), the region’s leading Asset Management and Infrastructure Solutions company, has announced a 15.6% increase in net profit to RM23.4 million in the six (6) months ended 30 June 2023 following a higher revenue of RM1.35 billion (RM1.17 billion 1H FY2022).

In announcing its unaudited financial results for 1H FY2023 today, the Company said as of Q2 FY2023, net profit grew by 15.7% to RM12.5 million from RM10.8 million in Q2FY2022 while revenue improved by 14.6% to RM719.3 million from RM627.7 million.

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