Infinity Logistics and Transport Ventures Limited (Infinity Logistics) released its audited results for the year ended 31 December 2025, reporting its first full-year net loss since listing.
Revenue and Profitability • Revenue fell 4.9% year on year to RM452.66 million, driven mainly by softer volumes in flexitank and freight-forwarding activities. • Gross profit edged down 2.3% to RM90.75 million, but gross margin improved slightly to 20.0% (FY24: 19.5%) due to better cost discipline. • A RM29.43 million impairment on receivables, coupled with a 13.3% rise in administrative and other operating expenses to RM46.67 million, pushed the group to a pre-tax profit of RM5.25 million (FY24: RM44.18 million). • After a RM9.74 million tax charge, Infinity Logistics recorded a net loss of RM4.49 million, reversing the prior year’s RM31.55 million profit. Basic loss per share stood at 0.25 sen versus earnings of 1.43 sen in FY24.
Segment Review • Flexitank solution & related services remained the largest contributor, but revenue contracted 17.8% to RM152.33 million amid lower cargo load utilisation; segment gross profit slid 7.4% to RM43.82 million. • Logistics centre & related services revenue grew 11.0% to RM109.47 million on higher depot and warehouse demand, though gross profit fell 18.7% to RM11.08 million due to increased staffing costs. • Land transportation services revenue rose 4.8% to RM77.22 million; gross profit jumped to RM9.03 million (FY24: RM1.70 million) after rail siding project stabilisation and greater use of in-house fleets. • Integrated freight forwarding revenue declined 4.1% to RM101.74 million; gross profit slid 13.1% to RM20.70 million amid softer global trade and competition. • 4PL services revenue eased 2.4% to RM11.90 million; gross profit slipped 3.9% to RM6.13 million.
Balance Sheet and Cash Flow • Cash and bank balances totalled RM28.46 million at year-end, down from RM41.88 million a year earlier. • Net assets stood at RM331.91 million (FY24: RM362.99 million). • Total interest-bearing borrowings decreased to RM95.98 million (FY24: RM116.90 million); gearing ratio inched up to 0.69 from 0.68. • Capital expenditure reached RM43.06 million (FY24: RM112.52 million), focused on property, plant and equipment, notably flexitank and logistics infrastructure.
Dividend and Outlook No final dividend was proposed for FY25. Management plans to enhance digitalisation, expand rail and multimodal capabilities, and accelerate adoption of electric material-handling equipment to mitigate fuel cost pressures and support sustainable growth.
Corporate Actions Trading in Infinity Logistics’ shares, suspended on 1 April 2026, will resume on 10 April 2026 following publication of these results.
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