Aneka Jaringan Holdings Berhad (“Aneka Jaringan” or the “Group”; Bursa: ANEKA, 0226), a basement and foundation construction specialist, today announced its financial results for the second quarter ended 28 February 2026 (“2Q FY2026”), with a revenue of RM76.22 million, representing a 13.82% increase from RM66.96 million in the corresponding quarter last year (“2Q FY2025”), driven by ongoing progress across its construction projects.
For the quarter under review, the Group recorded gross profit of RM5.17 million, compared to RM6.15 million in 2Q FY2025, reflecting margin adjustments arising from project mix and cost pressures. Profit after tax (“PAT”) came in at RM0.86 million, compared to RM1.12 million previously, mainly due to lower margins seen in the prior year.
On a cumulative basis, the Group recorded revenue of RM158.64 million for the six months ended 28 February 2026, representing an 8.34% increase from RM146.43 million in the corresponding period last year. Despite higher revenue, PAT declined to RM2.03 million from RM3.45 million, primarily due to lower gross margins, reduced contribution from other income, and higher cost absorption across projects.
Managing Director of Aneka Jaringan, Pang Tse Fui commented, “Our performance for the first half of FY2026 reflects steady progress across our project portfolio, supported by ongoing execution activities. We remain focused on operational discipline, cost management, and ensuring consistent delivery across all project sites.”
As at 28 February 2026, the Group maintained a stable financial position, with shareholders’ funds of RM97.31 million and net assets per share of 14.01 sen. Cash and short-term deposits stood at RM22.62 million, providing sufficient liquidity to support ongoing operations and project requirements.
Operationally, the Group continues to focus on its core expertise in piling and substructure works, while also expanding into renewable energy-related services. To date, Aneka Jaringan has secured a total contract value of RM194.09 million, including recent infrastructure-related projects, providing visibility for the remaining financial year.
Looking ahead, the Group remains cautiously optimistic amid a challenging operating environment marked by cost volatility and external uncertainties. With a growing order book and continued emphasis on disciplined execution, Aneka Jaringan is positioned to sustain operational stability in the coming quarters.
