ÿÈÕ´óÈü

KUALA LUMPUR: GTA Holdings Bhd, which is on its way for a listing on the ACE Market on Sept 8, posted a net profit of RM4.03 million in the second quarter ended June 30, 2026.

The company's revenue stood at RM54.39 million in the quarter under review mainly from contributions across its segments.

Of the total revenue, RM20.03 million came from its in-service-support, availability service package and power-by-the-hour preventive service packages, RM21.36 million derived from corrective maintenance sub-contracted to the original equipment manufacturer and the remaining RM13.01 million derived from sales of aviation equipment upon milestone revenue recognition of the floating stocks contract with the Defence Ministry Service Branch.

There are no comparative figures for the preceding corresponding financial quarter and financial period-to-date as the interim financial report is announced in compliance with listing requirements.

For the cumulative six-month period, the company's net profit stood at RM15.97 million while revenue came in at RM144.08 million.

The group said that it maintains a positive outlook for the remaining financial year, driven mainly by the next contractual milestone billing of Fixed-wing Engine 1 under its floating stocks contract, as well as a number of corrective maintenance backlogs to deliver to its customers.

"Looking forward beyond this financial year, the group's forward order book is backed by a long-term availability support package contract.

"Furthermore, our in-service support contract is currently under government renewal process and is expected to cover an expanded service scope of maintenance requirements of Fixed-wing Engine 1 for the ministry's Service Branch 1," it added.