KUALA LUMPUR, May 30 (Bernama) — UEM Edgenta Berhad (UEM Edgenta), a leading Asset Management and Infrastructure Solutions company in the region, on 29 May 2024 announces its unaudited financial results for the first quarter of 2024 ending 31 March 2024 (“Q1 FY2024”).
UEM Edgenta achieved a revenue growth of 7.2% in Q1 FY2024, with total revenue reaching RM677.6 million. This marks an increase of RM45.8 million from RM631.8 million in the corresponding quarter of the previous year (“Q1 FY2023”). Revenue growth mainly contributed by commencement of new and renewed projects in Healthcare Malaysia, Singapore and Taiwan, as well as revenue contribution by the newly acquired subsidiaries located in Kingdom of Saudi Arabia and United Arab Emirates.