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.
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SA11 – Upskilling and Reskilling Talents
SA12 – Foster Community Growth Through Education
SA13 – Strengthen Workforce Connection
SA14 – Enhance Customer Satisfaction and Service Excellence
SA10 – Promote Workforce Well-being, Health and Safety
SA6 – Climate Change Management
SA7 – Reduce Waste, Promote Recycling and Resource Recovery
SA8 – Minimise Water Consumption
SA9 – Protect, Conserve and Enhance Biodiversity
SA4 – Uphold Ethics and Business Integrity
