KUCHING: ABM Fujiya Bhd (AFujiya) is commissioning machinery for the fifth production line at its new battery manufacturing plant in Demak Laut Industrial Park, with completion expected next month.
The company, which released its third-quarter results for the period ended Sept 30, 2025 (3Q2025), said four production lines are currently operational.
“With better economies of scale in production and increasing staffs’ expertise in running the machineries of the group’s new battery manufacturing plant, the group managed to maintain an operation profit at the group level.
However, as the group’s new battery manufacturing plant was mainly financed by borrowings from licensed banks, the increasingly higher finance cost has dragged the group into loss before tax position of RM10.67 million (in the first nine months of 2025),” AFujiya said.
For 3Q2025, AFujiya reduced its group net loss to RM1.53 million from RM1.65 million a year earlier as revenue rose to RM45.42 million from RM43.63 million.
Loss per share improved to 0.85 sen from 0.92 sen.
The results also marked an improvement from 2Q2025, when pre-tax loss widened to RM5.55 million on sharply lower revenue of RM28 million.
For the nine-month period (9M2025), the group cut its net loss to RM6.94 million from RM8.79 million despite lower revenue of RM111.1 million versus RM131.7 million a year ago.
Meanwhile, Zecon Bhd slipped into the red with a group net loss of about RM2.2 million in 3Q2025, compared with a profit of RM11.6 million in 3Q2024, as revenue eased to RM18.7 million from RM20 million.
Loss per share stood at 1.47 sen, versus earnings per share of 7.85 sen previously.
Revenue continued to be driven mainly by the UKM Children Specialist Hospital, contributing about 94% of group turnover.
The group recorded a pre-tax loss of RM4.3 million due to higher interest charges.
Going forward, Zecon said it will continue to generate revenue from the hospital concession under its agreement with the federal government and Universiti Kebangsaan Malaysia (UKM).
“Our property segment is poised to contribute to future earnings through the ongoing development of residential units at Vista Tunku (in Petra Jaya) which are near to completion.
Reaffirming our commitment to sustainable energy, we are actively progressing the Kota Petra Green Technology Park project here,” the company said.
Last month, Zecon reached a milestone by signing a power purchase agreement with Sarawak Energy Bhd for its 100MW solar farm project, which is expected to provide a consistent revenue stream moving forward.
