KUALA LUMPUR: AME Elite Consortium Bhd posted a 45% jump in net profit to RM26.7mil for the third quarter ended Dec 31, 2025, from RM18.4mil a year earlier.
The integrated industrial space solutions provider said earnings were driven by stronger contributions from its property development segment, supported by higher work progress and income recognition at its flagship i-TechValley in Johor.
Profit was further lifted by RM15.7mil in fair value gains on investment properties, mainly from the sale of two industrial assets to AME Real Estate Investment Trust
.
Quarterly revenue eased to RM144.7mil from RM163.4mil a year earlier, while earnings per share rose to 4.18 sen from 2.88 sen previously.
For the nine months ended Dec 31, 2025 (9M26), net profit surged over threefold to RM202.8mil from RM55.5mil, as revenue climbed 58.9% to RM783.1mil from RM492.9mil a year ago.
The group exceeded its FY26 sales target of RM400mil, recording RM415.7mil in new sales for the nine months ended Dec 31, 2025, supporting earnings visibility for the next financial year.
Executive director and group chief executive officer Dylan Tan Teck Eng said the group is encouraged by its financial and sales performance in 9M26, particularly the sustained demand for its industrial property development segment.
He said surpassing its full-year sales target ahead of schedule, together with accelerating progress at Northern TechValley @ BKE and the recently secured RM214.1mil construction contract for an aviation facility at KLIA Aeropolis, underscores solid earnings visibility heading into the next financial year.
“Amid high market demand and growth in key industrialised states, our focus remains on expanding our industrial park portfolio in a disciplined manner, while selectively evaluating strategic landbank opportunities.
“Looking ahead, we expect continued strong contribution from existing projects, along with the upcoming industrial park launch in Selangor, supported by robust FDI inflows and our proven expertise in integrated industrial space solutions,” Tan said.
