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Elridge Energy Posts Higher Q3 Profit, Net Profit Up 53% on Steady Revenue Growth

The company’s performance rides on the continued strength of its biomass operations.

rakesh by rakesh
28/11/2025
in News
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Elridge Energy Posts Higher Q3 Profit, Net Profit Up 53% on Steady Revenue Growth

The Group continues to supply biomass fuel products to customers across the region with Japan being one of its key export destinations.

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Elridge Energy Holdings Berhad (Elridge Energy Group) today announced its financial results for the third quarter ended 30 September 2025 (“Q3 2025”).

For Q3 2025, the Group recorded revenue of RM104.84 million, a slight increase from RM102.92 million in the corresponding quarter of 2024.

Oliver Yeo, Executive Director and Chief Executive Officer of Elridge Energy Holdings Berhad, said, “Our third quarter results highlight the continued strength of our biomass operations, supported by stable demand across our markets.

The Group continues to supply biomass fuel products to customers across the region. Japan remains one of its key export destinations, supported by consistent demand from biomass power producers.

At the recent COP30 summit, Japan participated in the Belém 4X initiative, a multilateral effort aimed at quadrupling the supply of sustainable fuels including biofuels.

The Group is progressing with its planned production capacity expansion, which includes new facilities in Kuantan, Pahang; Pasir Gudang, Johor; and Lahad Datu, Sabah. Each site will house two PKS production lines with a combined annual output of 240,000 metric tonnes.

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