TBK & Sons Swings to Interim Profit on Land Disposal Gain Despite Margin Pressure

Tip Ranks
2026.02.26 15:10
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TBK & Sons Holdings Limited reported interim results for the six months ending December 31, 2025, showing revenue of RM47.5 million, up from RM44.2 million, but gross profit fell to RM2.9 million due to increased costs. The company achieved a profit of RM0.7 million, aided by a RM6.8 million land disposal gain. Despite rising finance costs impacting profitability, overall comprehensive income was RM0.9 million. Analysts rate the stock as a Hold with a target price of HK$0.20, indicating reliance on one-off gains for future sustainability.