Malaysia-based clean energy company Solarvest Holdings Berhad has reported growth in revenue and net profit for the first quarter ended June 30, 2026 (1QFY27), supported by the execution of Large Scale Solar 5 (LSS5) and Corporate Green Power Programme (CGPP) projects.
Solarvest recorded RM155.9 million in revenue and RM19.0 million in net profit during 1QFY27, representing year-on-year increases of 13.2% and 19.8%, respectively. Net profit margin improved to 12.2%, compared with 11.5% in the corresponding quarter last year.
The company’s engineering, procurement, construction and commissioning (EPCC) segment remained the largest revenue contributor, generating RM139 million, or 89.1% of total revenue. Electricity sales increased 25.8% YoY to RM9.6 million, compared with RM7.6 million in 1QFY26.
Solarvest has secured an aggregate 135 MWp capacity through corporate power purchase agreements under its Powervest pipeline, which is expected to generate RM54.4 million in annual recurring revenue once fully completed over the next 12–18 months.
The Group maintained an unbilled EPCC order book of RM2.371 billion, while its project tender book and pipeline stood at 9.96 GWp in Malaysia and 1.81 GWp across international markets.
Solarvest said Malaysia’s expanding solar-plus-BESS market, supported by the recently announced 2.65 GW LSS6 programme, is creating additional opportunities across renewable generation, energy storage, grid infrastructure and energy management. The company is targeting an order book of RM5 billion over the next year.
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