Capital A's Net Profit Drops To RM23.87 Mln In 2Q

KUALA LUMPUR, Aug 27 (Bernama) -- Capital A Bhd’s net profit slipped to RM23.87 million in the second quarter ended June 30, 2026 (2Q 2026) from RM1.45 billion in 2Q 2025.

The lower net profit was mainly due to discontinued aviation operations following the disposal of its aviation business under the proposed corporate exercises, which were completed on Jan 16, 2026, it said in a filing with Bursa Malaysia today.

However, revenue for the quarter under review rose to RM809.36 million from RM422.61 million previously, driven by steady growth across its key business segments, including travel, logistics and engineering services.

“Asia Digital Engineering (ADE) continues to demonstrate robust operational performance in 2Q FY2026, characterised by a 29 per cent year-on-year (y-o-y) increase in total revenue to RM284 million.

“This growth was primarily attributed to the nine per cent growth in base maintenance, alongside an additional RM35 million generated from engine repair and installation services,” it said.

For the first half of 2026 (1H 2026), the group’s net profit dropped to RM46.32 million from RM2.14 billion in 1H 2025, while revenue surged to RM1.58 billion from RM837.13 million previously, driven by stronger Teleport and ADE performance.

In a separate statement, Capital A chief executive officer Tony Fernandes said the strong 1H 2026 performance highlights strong business momentum led by Teleport and ADE, which continue to anchor the group's growth.

“We expect operating conditions in 3Q and 4Q to require continued agility as broader global and movement trends evolve. Overall, while geopolitical issues remain ongoing, we are doing everything possible to keep our full-year performance close to last year's results.

“Once these global tensions resolve, we expect operations to normalise, and we are confident we will deliver the strong growth we typically achieve,” he added.

-- BERNAMA