Turiya Publishes 2026 Annual Report
Bitget2026/10/30 13:24- Turiya returned to profitability in the year ended June 30, 2026, largely reflecting improved investment-property valuation movements.
- Higher customer demand lifted manufacturing performance, but rising corporate costs weighed on underlying group profitability.
- Wisma Chase Perdana faces competitive leasing conditions, with tenant retention and refurbishment needs remaining key operating challenges.
- The proposed Wisma Sentral Inai acquisition failed to secure shareholder backing, leaving plans to expand recurring property income unrealized.
- A post-year-end private placement raised approximately RM 9.15 million to support growth initiatives.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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