KUALA LUMPUR (Feb 26): Tropicana Corporation Bhd (KL:TROP) reported a significantly lower net loss for its financial year 2025, supported by increased progress billings across key projects. It has also managed to trim finance costs under its ongoing strategy to reduce overall debts through asset monetisation initiatives. The group's net loss for the year ended Dec 31, 2025 (FY2025) came in at RM118.83 million, 43% less than RM208.52 million it recorded for FY2024, its bourse filing on Friday showed. Finance costs dropped 19.7% to RM140 million from RM174.34 million in FY2024. The improved annual bottom line was achieved despite the fourth quarter reporting a net loss of RM56.23 million, as opposed to a net profit of RM211.93 million in the year-ago corresponding quarter.

Source: The Edge Markets February 27, 2026 14:01 UTC