ES Sunlogy records RM5.64 million quarterly loss on impairments
Full-year net profit fell 91.2% to RM1.39 million, while annual revenue dropped 38.3% to RM200.43 million.
One-off impairments pushed ES Sunlogy Bhd to a net loss of RM5.64 million in 4QFY2026, against a year-earlier net profit of RM5.38 million. The energy solutions provider disclosed the results for the period ending July 31, 2026 in a bourse filing.
The company cited RM3.4 million in impairment losses covering property and trade receivables, alongside RM4.1 million for plant and equipment. Shareholders will receive no dividend for the quarter.
Quarterly revenue came to RM35.44 million, a 58.5% fall from RM85.50 million. ES Sunlogy attributed the reduction primarily to several major projects having been completed or nearing completion. Its largest revenue contributor, mechanical and electrical engineering, generated RM30.94 million, versus RM78.17 million in 4QFY2025.
For FY2026, the group earned RM1.39 million in net profit, down 91.2% from the RM15.40 million recorded in FY2025. Revenue stood at RM200.43 million, falling 38.3% from RM324.68 million.
ES Sunlogy said lower contributions from trading and mechanical and electrical engineering were the main reasons for the annual revenue decline, with projects at different stages of completion.
On its outlook, the company said its order book offered visibility on revenue over two to three years. It expects renewable energy to be a key driver of growth, and said developments including Kerjaya Prospek Group Bhd acquiring a 31% stake should widen strategic partnerships and support growth over the longer term.
