Megan Holdings swings to FY26 first-half net loss of MYR 5.83 million; revenue falls 8.4% to MYR 12.78 million
Bitget2026/09/28 10:07- Megan Holdings swung to a net loss of MYR 5.83 million for the six months ended June 30, 2026.
- Revenue fell 8.4% to MYR 12.78 million versus the prior-year period.
- Operating results turned to a loss of MYR 4.12 million, while general and administrative expenses jumped to MYR 4.18 million.
- Gross profit dropped to MYR 1.48 million, and gross margin narrowed 5 percentage points to 11.6%.
- The company cited higher building material and subcontract costs for the margin decline, and tied the net loss to higher overhead, tax charges, and credit-loss allowances.
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