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the current quarter recorded a significant reduction in amortisation of intangible assets of RM2 million, impairment loss on trade receivables of RM32 million and a writedown of slow-moving inventories of RM3.0 million and deferred tax expenses of RM6.0 million.
Cape EMS Bhd posted a net profit of RM7.04 million for the second quarter ended Dec 31, 2025, reversing a net loss of RM48.84 million in the same quarter last year.
In a key development, Green Stream signed a Memorandum of Understanding (MoU) with ACE Market-listed Elridge Energy Holdings Bhd to explore opportunities in environmental infrastructure, biomass integration and alternative fuel solutions.
Saudi Arabia's ambitious Vision 2030 renewable energy agenda is drawing international collaboration, with leading clean energy developer Green Stream LLC turning to Malaysia as a strategic hub for biomass expertise and scalable partnerships.
Energy storage sure look set to be the next hot thing, got potential to blow up big time. Gotta keep an eye on the players in this space, see who can really deliver
