PRESS RELEASE
Uzma Berhad Marks a Historic Milestone with the Launch of UzmaSAT-1
Uzma Berhad (“Uzma” or “Company”) proudly announces the successful launch of UzmaSAT-1, Malaysia’s first commercial very high-resolution Earth Observation (“EO”) satellite. The launch occurred on 14 January 2025 at 11.09am PST (15 January 2025 at 3.09am GMT+8), marking a historic milestone for both Uzma and Malaysia in advancing the nation’s space industry.
Uzma‘s 1Q25 Resilient Performance Backed by Diversified Portfolio
Uzma Berhad (“Uzma,” or “Company”) announced its unaudited first quarter financial results for the period ending 30 September 2024 (“Q1 FY2025”) here today. The Company reported a gross profit of RM50.6 million in 1Q25 on the back of RM207.9 million in revenue, with revenue recording an increase of 37.5% or RM56.7 million over the same period in 1Q24. The net profit attributable to shareholders (PATMI) in 1Q25 stood at RM11.1 million compared to RM 11.9 million in 1Q24 Year-on-Year (“YoY”).
Uzma Secures Well Services Contract for Geothermal Drilling Cementing Services in the Philippines
Uzma Engineering Limited Philippine Branch (“Uzma Philippine”) a foreign subsidiary of Uzma Berhad, has entered into a Well Services Contract with Philippine Geothermal Production Company Inc. (“PGPC”) for the Provision of Drilling Cementing Services. The scope of work as underlined in the contract comprises of the provision of Drilling Cementing Services for PGPC’s geothermal fields in the Philippines from 1 September 2024 until 31 August 2027.
Uzma Achieves COD for its 50MWac Large Scale Solar Plant
Uzma Kuala Muda Sdn Bhd (“Uzma Kuala Muda”), an indirect wholly owned subsidiary of Uzma Berhad has achieved the Commercial Operation Date (“COD”) for its 50MWac Large Scale Solar Photovoltaic Plant under the Large Scale Solar (“LSS”) Cycle 4 (“LSS@MEnTARI”) (“Plant” or “Project”) on 25 September 2024.
ReOrbit Enters into Strategic Agreement with Uzma for Small GEO Communications Satellite
Helsinki, Finland & Paris, France – 17 September 2024 ReOrbit, a Helsinki-based leading provider of software-enabled satellites, has entered into
Uzma Ink 3 MOUs On Battery Storage Solutions And Energy Efficiency Solutions
KUALA LUMPUR, MALAYSIA – Uzma Environergy Sdn Bhd (“Uzma Environergy”), a wholly owned subsidiary of
Uzma Group Signs Expression of Interest For Sale and Purchase of Hydrocarbon Fuel & Products in Papua New Guinea
Kuala Lumpur, Malaysia – 12 July 2024 – Uzma Berhad (“Uzma”), a leading Malaysian energy solutions provider, proudly announces that
Uzma Berhad and ReOrbit Oy Explore Partnership for Space Satellite Solutions
Kuala Lumpur, Malaysia – 28th June 2024: Uzma Berhad (“Uzma”), a leading Malaysian energy and technology solutions provider, and ReOrbit
AmBank grants RM300 million financing facilities to Uzma Berhad in support for its Operational Efficiency and Sustainability agenda
AmBank Group has granted RM300 million financing facilities to Uzma Engineering Sdn Bhd (UESB), a wholly owned subsidiary of Uzma
Uzma Strengthens Ties with Pertamina Through Strategic Marketing Agreement
KUALA LUMPUR (6 MARCH 2024) – Uzma Berhad (“Uzma”), a leading Malaysian energy and technology solutions provider, is pleased to