KUALA LUMPUR, 26 February 2026 – Elridge Energy Holdings Berhad (“Elridge Energy Group”
or “Group”) today announced its financial results for the fourth quarter ended 31 December 2025
(“Q4 2025”).
For Q4 2025, the Group recorded revenue of RM113.32 million, compared to RM95.55 million in
the corresponding fourth quarter of 2024 (“Q4 2024”). Profit before tax rose to RM23.72 million
from RM13.79 million previously, while net profit increased to RM17.71 million, compared to
RM9.63 million in Q4 2024.
On a cumulative basis for the financial year ended 31 December 2025 (“FYE 2025”), revenue
increased to RM431.98 million from RM389.05 million in FYE 2024. Profit before tax rose to
RM75.90 million, compared to RM56.35 million in the preceding financial year, while net profit
increased by approximately 39% to RM57.31 million, from RM41.17 million previously.
Basic earnings per share stood at 0.89 sen for Q4 2025 and 2.87 sen for FYE 2025, compared to
0.48 sen and 2.06 sen respectively in the previous year.
Commenting on the results, Oliver Yeo, Executive Director and Chief Executive Officer of
Elridge Energy Holdings Berhad, said, “Our fourth quarter and full-year performance reflects
improved product margins and higher Palm Kernel Shells (“PKS”) sales. We remain focused on
operational discipline while progressing with our capacity expansion initiatives.”
He added, “With the Kuantan facility now operational, we are 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.”
PKS remained the Group’s primary revenue contributor, generating RM109.78 million in Q4 2025
and RM388.63 million for FYE 2025, compared to RM81.03 million and RM331.32 million
respectively in the prior year.
As at 31 December 2025, net assets per share improved to 11.60 sen, compared to 8.73 sen
previously.
On 9 February 2026, the Group 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 Green Stream LLC from
Saudi Arabia. These developments form part of the Group’s ongoing efforts to strengthen its
commercial footprint and support its longer-term operational plans.