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Verdant Solar Holdings Bhd (KL:VERDANT) returned to the black in its fourth quarter, posting a net profit of RM1.53 million as higher project completions and billings more than doubled revenue from the preceding quarter
Orgabio strengthened its financial position, with cash and cash equivalents increasing to RM14.72 million from RM9.27 million, providing a stronger buffer to support future expansion and growth
Operating performance remained solid, with NPI rising 9.5% YoY to RM17.36 million in Q2 2026 and 5.8% YoY to RM32.64 million for YTD, supported by cost management, higher occupancy, and tenant remixing. However, realised income fell 6.7% YTD to RM8.23 million due to RM2.5 million in one-off administrative expenses. The REIT approved an interim distribution of 1.21 sen per unit, amounting to approximately RM8.58 million, while continuing to diversify beyond retail through its proposed RM125 million acquisition of KYS KL East International School. Its financial position remained healthy, with total assets reaching RM1.52 billion and NAV per unit at RM1.0537 before distribution