BIOENERGY-based Elridge Energy Holdings Bhd has posted an 84% year-on-year (yoy) surge in its net profit to RM17.71 mil for its 4Q FY2025 ended Dec 31, 2025 (4Q FY2024: RM9.63 mil) while its revenue notched up 18.6% yoy to RM113.2 (FY2024: RM95.55 mil).
On a cumulative basis, the group which debuted on the ACE Market of Bursa Malaysia on Aug 22 last year saw its net profit spiralled 39% yoy to RM57.31 mil (FY2024: RM41.17 mil) as it chalked up an 11% revenue growth to RM431.98 mil (FY2024: RM389.05 mil).
Basic earnings per share stood at 0.89 sen for 4Q 2025 and 2.87 sen for FY2025 compared to 0.48 sen and 2.06 sen respectively in the previous year.
“Our fourth quarter and full-year performance reflects improved product margins and higher Palm Kernel Shells (PKS) sales,” commented Elridge Energy’s executive director and CEO Oliver Yeo.
“We remain focused on operational discipline while progressing with our capacity expansion initiatives.”
Added Yeo: “With our Kuantan facility now operational, we’re entering the next phase of our expansion plan. Our focus in 2026 will be on progressively ramping up production capacity while maintaining operational efficiency and cost discipline.”
All in all, PKS remained the group’s primary revenue contributor, generating RM109.78 mil in 4Q 2025 and RM388.63 mil throughout Elrdge Energy’s FY2025 compared to RM81.03 mil and RM331.32 mil respectively in the prior year.
As of end-December 2025, net assets per share improved to 11.60 sen from 8.73 sen a year earlier.
Recall that the group had on Feb 9 officially launched its new Kuantan facility as part of its planned production capacity expansion.
The Pasir Gudang, Johor and Lahad Datu, Sabah facilities remain under development and are progressing in accordance with the Group’s previously announced timeline.
Recently as announced on Bursa Malaysia, the group also signed a memorandum of understanding (MOU) with Berkana from Thailand as well as a MOU with Saudi Arabia’s Green Stream LLC.
These developments form part of the group’s ongoing efforts to strengthen its commercial footprint and support its longer-term operational plans.
At 3.01pm, Elridge Energy was up 2 sen or 1.37% to RM1.48 with 7.39 million shares traded, thus valuing the company at RM2.96 bil. – Feb 27, 2026
