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George Kent makes significant leap in profit

The Star·05/19/2025 23:00:00
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PETALING JAYA: George Kent (M) Bhd, which returned to the black with a RMRM18.97mil net profit in the fourth quarter ended March 31, 2025 (4Q25) will continue to focus on expanding into new markets and drive innovation across its business segments.

The company will also strengthen its regional footprint to support long-term sustainable growth, executive chairman Tan Sri Tan Kay Hock said in a statement.

“While global trade tensions and tariff discussions persist, we do not foresee any impact due to our diversified regional strategy. Our expansion into South-East Asia and Latin America has helped us to build a resilient business model and sustain growth momentum despite macroenonomic uncertainties.

“Technology will remain a key pillar of its long-term growth strategy,” Tan added.

Revenue for the 4Q25 rose 24.4% to RM38.13mil. For the full year, revenue stood at RM137.86mil, while net profit was RM4.32mil from the net loss position in 2024.