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Eden Inc kicks off FY26 with strong Q1 growth driven by energy, tourism segments

PETALING JAYA: Eden Inc Bhd, a diversified group of companies with core businesses in energy, food & beverage (F&B) and tourism, recorded RM54.6 million in revenue for the first quarter (Q1) ended September 30, 2025 (FY26), a 56% increase from RM35.0 million in the same quarter last year.

Gross profit rose 43% to RM16.4 million, while profit before tax (PBT increased 35% to RM8.1 million compared to RM11.5 million and RM6.0 million respectively for the same quarter last year.

Profit after tax also improved significantly, rising 58% to RM7.5 million, demonstrating the Group’s strengthened operational fundamentals.

These results extended the positive performance achieved in the previous financial year ended June 30, 2025, underscoring the group’s sustained momentum as it enters the new financial year.

The Energy segment remained the group’s primary growth driver, with revenue increasing 63% to RM45.7 million and PBT rising 86% to RM7.8 million.

This strong performance was supported by the Libaran plant, which operated three engines at full declared availability, delivering higher and more consistent earnings.

The F&B and Tourism segment reported a 27% revenue growth to RM8.9 million.

The improvement was supported by stronger customer demand for the F&B segment, coupled with better pricing strategies and higher visitor traffic at Underwater World Langkawi (UWL).

The segment posted a PBT of RM2.6 million, reflecting sustained and resilient profitability.

Entering FY26, the group is well-positioned to sustain its growth trajectory.

The Energy segment will continue to drive earnings, benefitting from the full-year contribution from the Libaran plant and ongoing optimisation at the Sungai Kenerong plant.

Meanwhile, the F&B and Tourism segment will continue to be anchored by UWL, while F&B itself is anticipated to deliver positive contributions.

Redevelopment and upgrading work at UWL is scheduled to begin during the financial year, setting the stage for an enhanced and refreshed attraction.

The upgraded attraction is expected to elevate UWL’s market presence, draw higher visitor numbers and deliver a more viable commercial proposition.

This transformation is poised to strengthen UWL’s prospects and unlock its long-term value.

With a strengthened operational foundation and clearer earnings visibility across its core segments, the group remains confident in its strategic direction.

Supported by stable cash flows and disciplined capital management, it is well-placed to deliver improved returns and further enhance shareholder value over time.

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