Menang Corporation publishes 2026 annual report
Bitget2026/10/27 09:53- Menang's annual report for fiscal 2026 showed concession projects remained its main revenue and profit contributor, despite lower overall profit.
- Renegotiated service-provider terms reduced concession maintenance costs, supporting long-term operating margins.
- Continued loan repayments reduced borrowings and financing costs, strengthening the group's financial position.
- Menang Perdana in Port Dickson is progressing toward completion in the fourth quarter of 2026.
- A proposed 93-unit terrace housing development is under evaluation as an initial step to unlock the Seremban 3 land bank.
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