KUALA LUMPUR (April 10): Scheduled waste firm 5E Resources Holdings Bhd said its net profit for the fourth quarter ended Dec 31, 2025 (4QFY2025) came in at RM3.32 million, bringing its full year net profit to RM21.82 million.
According to a bourse filing on Friday, the group posted quarterly revenue of RM18.57 million, with the bulk coming from its scheduled waste management operations, while full year revenue stood at RM80.1 million.
5E Resources, scheduled to list on the ACE Market on April 15, has no comparative figures as this is its first interim financial report ahead of its listing.
The group said it expects the waste management industry to remain supportive, driven by evolving regulations and increasing environmental compliance requirements.
“As compliance standards rise, manufacturers are expected to increasingly rely on licensed and reputable service providers, thereby raising barriers to entry and reducing the presence of informal or non-compliant operators,” said 5E Resources.
It added that there is a growing emphasis on sustainability among multinational companies (MNCs) and export-oriented players, with demand expected to shift towards waste solutions that go beyond disposal. This includes recycling and resource recovery.
The group’s initial public offering (IPO) is priced at 26 sen apiece and is expected to raise RM79.17 million via a public issue of 304.5 million new shares. It is looking to expand its business with a new facility in Perak via the IPO proceeds.
TA Securities is the principal adviser, sponsor, underwriter and placement agent for the IPO exercise.