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Founder Group management commentary attributes first-half 2026 return to net profit to higher project revenue

PUBT·11/10/2026 12:11:19
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Founder Group management commentary attributes first-half 2026 return to net profit to higher project revenue
  • Founder Group management commentary attributed net profit of RM 791,785 for the six months ended June 30, 2026 to higher revenue.
  • Revenue rose 50% to RM 83.01 million, driven by execution of previously secured projects and newly awarded contracts.
  • Related-party contract revenue increased 143% to RM 35.71 million, reflecting rooftop solar project completions and execution of new contracts.
  • Operating cash outflow reached RM 37.05 million, reflecting increases in contract assets, other receivables and prepayments.
  • Additional borrowings to support expansion lifted the debt-to-equity ratio to 2.57 from 2.09 at December 31, 2025.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Founder Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-117734), on November 10, 2026, and is solely responsible for the information contained therein.