KUALA LUMPUR, 29 May – UEM Edgenta Berhad (“UEM Edgenta”), a regional leader in Asset Management and Infrastructure Solutions, today announced its unaudited financial results for the first quarter ended 31 March 2025 (“Q1 FY2025”), reporting a Loss Before Tax (LBT) of RM11.8 million, compared to a Profit Before Tax (PBT) of RM19.6 million in the same period last year. Revenue stood at RM646.1 million, a 4.6% decrease from RM677.6 million in Q1 FY2024. The performance was primarily affected by higher operational costs, particularly in manpower, as well as the completion of several one-off contracts and cyclical factors.

Despite these headwinds, UEM Edgenta is seeing positive momentum from its international operations, which are expected to support performance moving forward. The Group’s operations in Saudi Arabia and the UAE achieved a strong 24% year-on-year revenue growth, driven by effective integration efforts and the scaling of newly acquired entities. In Singapore, new contract wins amounting to RM462.8 million within the Healthcare Solutions division contributed to an encouraging orderbook, while additional wins in Taiwan (RM328.7 million) are also supporting the Group’s efforts to stabilise and strengthen its business performance.

“While Q1 posed challenges with higher costs and cyclical factors, our recent international wins in key markets like Saudi Arabia, the UAE, and Singapore are already providing a foundation for turnaround,” said Syahrunizam Samsudin, Managing Director/Chief Executive Officer. “We remain focused on cost management, operational efficiency, and leveraging our international footprint to support long-term recovery.”

The Healthcare Solutions division contributed RM386.2 million in revenue during the quarter, maintaining stable performance in hospital support services and expanding its presence in private healthcare and adjacent markets. Property & Facility Solutions experienced a revenue decline due to planned contract completions; however, its international operations achieved robust growth. Infrastructure Solutions saw fewer consultancy projects, but higher expressway maintenance activity and the commercialisation of the Recycled Asphalt Pavement (RAP) premix plant are expected to bolster performance in upcoming quarters.

“We will continue leveraging digital platforms such as Asseto and UETrack to streamline operations and enhance service delivery,” Syahrunizam added. “Our strong international footprint and diversified portfolio are central to driving our recovery efforts and ensuring sustained resilience.”