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PETALING JAYA: Wasco Greenergy Bhd outperformed in its fourth quarter financial year 2025 (4Q25), exceeding analysts' financial year 2025 (FY25) full-year expectations.
Wasco Greenergy Bhd’s (KL:GENERGY) reported a 13.3% higher net profit for the fourth quarter ended Dec 31, 2025 (4QFY2025), as better profit margins and lower expenses helped to cushion lower revenue from its renewable energy and industrial energy and equipment segments.
A rise in demand for boiler and steam turbines from the biomass sector this year and next year will drive growth in earnings for Wasco Greenergy Bhd (Wasco), analysts say.
KUALA LUMPUR: Reducing reliance on fossil fuel-fired steam generation has become a strategic business consideration rather than a purely environmental one, Muda Paper Mills Sdn Bhd said.
INVESTORS will have a busy week ahead as four companies are set to make their debut on Bursa Malaysia — building materials distributor BMS Holdings Bhd (KL:BMS), oil and gas shipping firm Orkim Bhd (KL:ORKIM), renewable energy player Wasco Greenergy Bhd (KL:GENERGY) and medical equipment distribu...
Wasco Greenergy Bhd expects regional demand for decarbonisation technologies to surge as manufacturers adopt renewable energy (RE) solutions in response to stronger emphasis on environmental, social and governance compliance.