UEM Edgenta Sustains Steady Growth In Q3 2024, Showcasing Robust Resilience And Strategic Progress

KUALA LUMPUR, Nov 27 (Bernama) — UEM Edgenta Berhad (UEM Edgenta), a leading Asset Management and Infrastructure Solutions company in the region, today announces its unaudited financial results for the third quarter of 2024 ended 30 September 2024 (Q3 FY2024).
 
UEM Edgenta has reported solid financial performance for the third quarter of FY2024, achieving year-to-date revenue of RM2.23 billion, a 7.6% increase from RM2.07 billion in the same cumulative quarter last year. This brings the year-to-date net profit to RM33.4 million, reflecting a 16.8% growth compared to the corresponding nine-month period in 2023. The net profit for Q3 FY2024 surged by 97.8% to RM10.4 million, nearly doubling the RM5.2 million recorded in Q3 FY2023. These results underscore the company’s resilience and strategic focus, demonstrating its ability to adapt and thrive amid ongoing economic challenges while continuing to create value for stakeholders.

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