📣 Send us your press release
Site updates every 15 minutes
Professional Services

UIE Plc: Half Year Profit Declines Year-on-Year, Falls Short of Record

UIE Plc. announced its financial results for the first half of 2026 on Wednesday, August 19, 2026. The company reported a net result of USD 10.5 million, which was below record levels from the previous year.

19 August 2026
UIE Plc: Half Year Profit Declines Year-on-Year, Falls Short of Record
Image is an AI-generated illustration

UIE Plc. released its financial results for the first half of 2026 on Wednesday, August 19, 2026. The company reported a net result of USD 10.5 million. This result, however, fell below the record levels achieved in the first half of 2025, despite the company reporting strong financial and operational performance.

Fair value adjustments to investments in Schörling and Greenbridge negatively impacted the net result. While UIE Plc. noted strong financial and operational performance, it did not reach the peak figures seen in the prior year's comparable period.

The UP segment reported a net profit of MYR 357.2 million. This figure represents a 14% decrease compared to the record net profit recorded in the first half of 2025.

Further details...

Original source: news.cision.com