Article

Kinergy Advancement Bhd reported a record RM513.2 million in revenue for FY2025, a 110% year-on-year increase, with net profit rising 41% to RM30.29 million. The company's strategic pivot to sustainable energy is reflected in the Sustainable Energy Solutions (SES) segment, which contributed RM360.1 million in revenue, a 191.5% increase, and RM48.4 million in segment profit.

The performance was bolstered by the Petronas gas engine power plant project. Kinergy also began power plant ownership with the acquisition of Jati Cakerawala and a partnership with B.Grimm Power. As of December 31, 2025, Kinergy's energy segment order book is approximately RM1.03 billion, with an additional RM2.24 billion in tenders, ensuring significant earnings visibility.