KUALA LUMPUR, Nov 29 (Bernama) — UEM Edgenta Berhad (“UEM Edgenta” or the “Company”), the region’s leading Asset Management and Infrastructure Solutions company, today announced a 16.2% increase in net profit to RM28.6 million in the nine months ended 30 September 2023 on the back of a higher revenue of RM2.07 billion (RM1.81 billion 9M FY2022), reflected its resilience and ability to renew and win new contracts from its existing client base as well as new clients and growth markets.
In announcing its unaudited financial results today for the nine-month period under review, the Company reported a 14.3% growth in revenue to RM2.07 billion (RM1.81 billion 9MFY2022) through enhanced technology-enabled solutions, and high-quality service delivery, yielding strong client retention. UEM Edgenta’s current order book stands at RM9.2 billion, out of which 67% is contributed by Infrastructure Services.
