KJTS reports higher earnings

KUALA LUMPUR: KJTS Group Bhd is well-positioned to navigate the evolving economic landscape with its strategic expansions and expertise in energy-efficient cooling solutions.

In a statement, the cooling energy management solutions provider said the group recently announced its proposed acquisition of Malakoff Utilities Sdn Bhd (MUSB), expanding its cooling energy presence in KL Sentral.

This move strengthens its leadership in sustainable energy management, supported by government initiatives such as Budget 2025 and the National Energy Transition Roadmap.

“With rising demand for cost-effective cooling solutions amid increasing energy costs, KJTS is set to capitalise on these industry shifts, driving long-term value for its stakeholders.

In the fourth quarter ended Dec 31, KJTS posted a higher net profit of RM3.4mil, or earnings per share of RM2.2mil, or 0.47 sen in the year-ago quarter. Its revenue rose to RM39mil versus RM31.5mil posted a year prior.

For the full financial year, the group’s net profit rose 2.2% to RM8.3mil, while revenue grew 14.9% to RM137.7mil.