KUALA LUMPUR (Sept 29): Here is a brief recap of some business news and corporate announcements that made headlines on Tuesday:

Yinson Holdings Bhd’s (KL:YINSON) net profit for the three months ended July 31, 2026 (2QFY2027) grew 26.7% to RM128 million from RM101 million in the previous year. However, revenue fell 16.7% to RM1.14 billion from RM1.36. Yinson declared an interim dividend of one sen per share, amounting to approximately RM29 million with an entitlement date of Dec 4 and payment date of Dec 18. — Yinson posts 27% rise in 2Q amid absence of refinancing charge

Gamuda Bhd (KL:GAMUDA) closed its financial year ended July 31, 2026 (FY2026) with a net profit of RM1.05 billion, up 5% from RM1 billion a year earlier. Revenue rose 15% year on year to RM18.3 billion from RM16 billion. As at end-July, Gamuda’s construction order book stood at RM61 billion. No dividend was declared for the quarter. — Gamuda's annual net profit tops RM1b for second straight year, order book hits RM61b

In a separate filing, a consortium between Gamuda Bhd (KL:GAMUDA), SD Guthrie Bhd (KL:SDG) and Gentari Sdn Bhd have inked an agreement with an unnamed US-based technology company for a 680-megawatt renewable energy project in Perak, which includes a four-hour battery storage system. It will achieve commercial operation in 2029 and run for 21 years, generating more than RM10 billion in gross revenue. — Gentari-SD Guthrie-Gamuda consortium to build solar plant in Perak for US tech firm

AEON Credit Service (M) Bhd (KL:AEONCR) reported a 18% drop in its net profit for the three months ended Aug 31, 2026 (2QFY2027) to RM59.30 million from RM72.23 million a year earlier, amid higher impairment losses on financing receivables. However, revenue grew 7.7% year-on-year to RM665.20 million from RM617.88 million, driven by stronger loan and financing growth. AEON Credit declared a dividend of 13 sen per share, payable on Nov 5. — AEON Credit 2Q net profit drops 18% on higher impairment losses AEON Credit 2Q net profit drops 18% on higher impairment losses

UMS Integration Ltd (KL:UMSINT) is seeking to raise up to RM450 million through a placement to fund projects in Penang, Malaysia, as well as expansion in Vietnam and Singapore. It plans to issue up to 52.94 million new shares at RM8.50 each, enlarging its share capital by 5.63%. — UMS Integration seeks to raise RM450m via placement for Penang, Vietnam and Singapore expansion

Kelington Group Bhd (KL:KGB) has secured a RM172 million contract for engineering and early-stage infrastructure development works for an advanced data storage manufacturing facility in Kuching, Sarawak. The engineering group's unit, Kelington Technologies Sdn Bhd, accepted the letter of award on Sept 25 from a manufacturing company located at the Sama Jaya Free Industrial Zone. Works will start immediately, with targeted completion by August 2027. —  Kelington bags RM172m engineering job for Sarawak manufacturing facility

Vantris Energy Bhd’s (KL:VANTNRG) net profit for the second quarter ended July 31, 2026 (2QFY2027) stood at RM75.3 million, compared with a net loss of RM230.8 million a year earlier. Quarterly revenue fell 23% to RM818.5 million from RM1.06 billion a year earlier. No dividend was declared. — Vantris Energy stays in the black in 2Q on lower forex losses, finance costs

Supermax Corp Bhd (KL:SUPERMX) co-founders Datuk Seri Stanley Thai and wife Datuk Wira Cheryl Tan Bee Geok have agreed to wind down their company that holds their interests in the glove manufacturer. The settlement entitles the pair to a full disbursement of dividends from Supermax Holdings Sdn Bhd (SHSB) according to their shareholdings of 42.5% to Tan and 57.5% to Thai. SHSB holds 40.3% in Supermax Corp, the RM1.27 billion glove maker that the now estranged married couple founded in 1987. — Supermax co-founders agree to wind up holding firm, to hold stakes directly 

Confectioner Apollo Food Holdings Bhd’s (KL:APOLLO)  1QFY2026 net profit rose 9.5% to RM6.96 million from RM6.36 million the previous year, while revenue grew 13.36% to RM73.76 million from RM65.07 million, driven by higher export sales, particularly in its core Indonesian market. No dividend was declared. — Apollo Food 1Q profit up nearly 10% on strong sales 

VS Industry Bhd (KL:VS) posted a net loss of RM53.8 million for its financial year ended July 31, 2026, its first full-year loss since it was listed in 1998. Revenue fell 3.62% to RM3.65 billion from RM3.79 billion the previous year, as lower orders dragged down earnings amid weak global consumer sentiment. — VS Industry records first full year loss on lower orders

Sern Kou Resources Bhd (KL:SERNKOU) said on Tuesday that its will wind down its plywood manufacturing unit due to continuous quarterly losses since the financial year ended June 30, 2024 (FY2024). The wood products manufacturer said there was no reasonable expectation that the financial performance of Sern Kou Plywood Sdn Bhd (SKPW), its 51%-owned subsidiary, will improve in the foreseeable future. — Sern Kou to wind down loss-making plywood manufacturing unit