GTA Holdings Berhad (“GTA” or the “Company”), an investment holding company whose subsidiary is principally involved in the provision of aviation maintenance, repair and overhaul (“MRO”) related services specialising in helicopter and fixed-wing engines, their parts and components, which is scheduled to make its debut on the ACE Market of Bursa Malaysia Securities Berhad on 8 September 2026, recorded revenue of RM54.4 million and profit after tax (“PAT”) of RM4.0 million for the second quarter ended 30 June 2026 (“Q2 FY2026”). For the six-month financial period ended 30 June 2026 (“1H FY2026”), the Group delivered revenue of RM144.1 million and PAT of RM16.0 million.
GTA operates within a specialised segment of the aviation support industry, providing aviation MRO-related services, maintenance support programmes and aviation equipment support solutions for both helicopter and fixed-wing engines. Through its wholly-owned subsidiary, Global Turbine Asia Sdn. Bhd., the Group serves aviation operators, MRO-related customers and defence-linked end markets, supported by OEM-linked relationships within the Safran and EPI ecosystems.
For Q2 FY2026, preventive service packages contributed RM20.0 million of revenue, while corrective maintenance activities contributed RM21.4 million. Sales of aviation equipment contributed RM13.0 million, primarily arising from milestone revenue recognition under the Floating Stocks Contract with Mindef Service Branch 1.
For 1H FY2026, aviation equipment sales contributed RM77.8 million of revenue, while preventive service packages and corrective maintenance activities contributed RM39.4 million and RM26.9 million respectively. Gross profit margin of the Group for 1H FY2026 remained relatively stable at 21.5%, supported by aviation equipment milestone activities.
Managing Director and Chief Executive Officer of GTA Holdings Berhad, Dato’ Nonee Ashirin binti Dato’ Mohd Radzi, said, “These results reflect the resilience of our business model and the strength of the long-term relationships we have built across the aviation support ecosystem. As we approach our ACE Market debut, our priority remains on maintaining the high standards of technical execution, operational reliability and customer support that have underpinned our growth over the years, while continuing to contribute towards the development of Malaysia’s aviation and aerospace industry.”
As set out in its Prospectus, GTA intends to utilise proceeds from its recently completed IPO to support the establishment of a new operating facility, expansion into landing gear, wheels and brakes MRO, helicopter support services opportunities in the Middle East, and working capital requirements. Importantly, the investments also contribute to the continued development of Malaysia’s aerospace ecosystem by strengthening local MRO capabilities, creating opportunities for technical skills development and supporting the growth of a more resilient and internationally competitive aviation services industry. Through this next phase of growth, GTA aims to build a stronger, more capable and sustainable aviation platform while creating long-term value for its customers, stakeholders and the nation.
Looking ahead, the Group maintains a positive outlook, supported by its long-term ASP contract, ongoing maintenance requirements from ageing aircraft fleets, and continued opportunities within Malaysia’s aerospace and aviation support industry. The Group also expects its new operating facility in Shah Alam to support future capability enhancement initiatives, including the planned expansion into landing gear, wheels and brakes MRO activities.
Hong Leong Investment Bank Berhad is the Principal Adviser, Sponsor, Sole Underwriter and Sole Placement Agent. GTA Holdings Berhad is scheduled to make its debut on the ACE Market of Bursa Securities on 8 September 2026.
