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T7 Global posts record quarterly earnings of RM18.31mil in 3Q

The Star·11/26/2025 00:34:00
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KUALA LUMPUR: T7 Gobal Bhd posted its highest quarterly net profit of RM18.31mil in the third quarter ended Sept 30, 2025, an improvement from RM11.41mil in the year-ago quarter.

The group's revenue jumped to RM216.06mil from RM176.37mil in the comaprative quarter, while earnings per share rose to 2.07 sen from 1.75 sen previously.

Group CEO Tan Kay Zhuin attributed the quarterly performance to the successful execution of key projects across the group's energy and industrial solutions segments.

"Our long-term assets, particularly the mobile offshore production units (MOPUs), continue to provide stable and recurring income base, while the strong momentum from maintenance, construction and modification (MCM) and well and decommissioning contracts further reinforce our growth trajectory. 

"Looking ahead, we remain focused on project execution and will be more selective in pursuing for future works," he said in a statement.

In the nine-month period to Sept 30, 2025, T7 Global recorded a net profit of RM33.86mil against RM26.65mil in the year-ago period. Revenue rose to RM528.2mil from RM458.94mil in the same period in 2024.