Wawasan Dengkil Holdings Bhd posted a net profit of RM700,000 for the second quarter ended Dec 31, 2025 (2QFY2026), a decline from RM3.35 million recorded in the same quarter last year, according to a Bursa Malaysia filing on Feb 21.
Quarterly revenue rose slightly to RM49.39 million from RM48.05 million previously. Despite the increase in top-line, profit before tax fell sharply to RM1.02 million from RM4.51 million, while basic earnings per share dropped to 0.13 sen from 0.62 sen.
Gross profit contracted to RM3.46 million from RM6.71 million, bringing the gross margin down to approximately 7% from 14% in the previous corresponding quarter.
For the six-month period ended Dec 31, 2025, net profit decreased to RM3.40 million from RM6.05 million, even as revenue climbed to RM102.58 million from RM94.05 million. Net assets per share increased slightly to 20 sen from 19 sen at the end of the previous financial year. The company did not declare any dividend for the quarter.
Separately, Wawasan Dengkil noted that there has been no new development regarding the memorandum of understanding dated Jan 15, 2026, between its wholly-owned subsidiary, Wawasan Dengkil Sdn Bhd, and Kester Sdn Bhd.
Shares of Wawasan Dengkil closed at 17 sen on Friday, unchanged from the previous session, with trading activity confined to a moderate volume of 171,500 shares and a price range of 16.5 sen to 17 sen. The stock remains near its 52-week low of 16 sen, compared with a 52-week high of 27 sen.
While Wawasan Dengkil’s financial performance shows margin pressure, its ongoing operations and asset base may still be of interest to investors monitoring industrial land in Selangor and commercial property in KL. Developers and stakeholders in the Klang Valley often consider net asset positions, revenue stability, and project pipelines when evaluating potential acquisitions or joint ventures.
In key townships like Bukit Jalil, Puchong, and the Subang area, sustained revenue streams from residential or mixed-use developments can create downstream opportunities for office space in Bukit Jalil, factories in Puchong, and industrial property in Subang area.
The company’s cautious trading range and proximity to historical lows may provide market watchers with insights into investor sentiment and potential repositioning strategies for stakeholders seeking exposure to Malaysia’s property development sector.
Yao Mu Realty, based in Kuala Lumpur, Malaysia, specializes in industrial real estate for factories and land, delivering professional and efficient solutions.
Posted by Yao Mu Realty Sdn Bhd on 21 Feb 26
Malaysia