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Additionally, the adoption of the Merger Method for recent acquisitions enables clearer, more comparable reporting across its expanded business structure.
NCT delivered strong upward momentum across its key financial metrics, with full-year revenue rising 26% to RM475.6 million from RM378.4 million in 2024. Performance accelerated sharply in Q4 2025, where revenue surged 130% year-on-year to RM99.97 million, highlighting significant growth traction. Profit before tax also increased by 11% to RM80.3 million for the year, reflecting improved overall profitability.
Opening of application: 26 Feb 2026
Closing of application: 05 Mar 2026
Balloting of application: 09 Mar 2026
Allotment of IPO shares to successful applicants: 16 Mar 2026
Tentative listing date: 17 Mar 2026
TA Securities kept its target price at RM1.70 per share, based on nine times its FY2026 forecast earnings per share, but upgraded the stock to a “Buy” from “Hold” after the recent dip in its share price