The Edge online – Vantris Energy, Crescendo, Kawan Renergy, Bumi Armada, Orkim, EPMB, Media Chinese, Paragon Globe, Capital A, Air Asia X, Shangri-La Hotels (Malaysia) & Empire Prmimum Food

KUALA LUMPUR (March 30): Here is a brief recap of some corporate announcements that made the news on Monday.

The Edge online – Vantris Energy, Crescendo, Kawan Renergy, Bumi Armada, Orkim, EPMB, Media Chinese, Paragon Globe, Capital A, Air Asia X, Shangri-La Hotels (Malaysia) & Empire Prmimum Food

KUALA LUMPUR (March 30): Here is a brief recap of some corporate announcements that made the news on Monday.

Vantris Energy Bhd (KL: VANTNRG), formerly Sapura Energy, posted an operating profit of RM142.4 million in 4QFY2026, reversing a RM104 million loss a year earlier, marking progress towards exiting Practice Note 17 (PN17) status.

The turnaround stemmed from lower provisions for its Angola project, reduced finance costs of RM134.5 million after restructuring, and RM197.1 million in lower impairments.

Headline net profit fell 58.8% to RM167.04 million, mainly due to the absence of a RM792.1 million disposal gain booked in 4QFY2025, while revenue dropped 24.5% to RM895.9 million.

For more details, visit the full article here.