v3.26.3
Disaggregated Revenues
 6 Months Ended
Jun. 30, 2026
Disaggregated Revenues [Abstract]  
Disaggregated revenues

Note 14 — Disaggregated revenues

 

The following table presents the Company’s revenues disaggregated by service lines for the six months periods ended June 30, 2025 and 2026:

 

   

June 30,
2025

(Unaudited)

    

June 30,
2026

(Unaudited)

    

June 30,
2026

(Unaudited)

  
    MYR     MYR     USD  
Over time:                        
– Development of new aquaculture and agriculture farms     —       —       —  
– Upgrading of aquaculture and agriculture farms     13,868,859       12,777,311       3,130,159  
                         
At point in time:                        
– Sales of industrial supplies     75,954       —       —  
Total revenue     13,944,813       12,777,311       3,130,159  

 

Unsatisfied or partially unsatisfied performance obligations

 

Management expects that the approximate transaction price allocated to unsatisfied or partially unsatisfied performance obligations as at the end of the reporting periods may be recognized as revenue in the next reporting periods as follow:

 

   

June 30,
2025

(Unaudited)

    

June 30,
2026

(Unaudited)

  
    MYR     MYR  
Partial and fully unsatisfied performance obligation as at:            
For the six months period ended June 30, 2025 (Unaudited)     32,658,000       —  
For the six months period ended June 30, 2026 (Unaudited)     —       28,339,100  
For the six months period ended June 30, 2026 (USD)     —       6,942,455  

 

As permitted under ASC Topic 606, the aggregated transaction price allocated to unsatisfied or partially unsatisfied contracts for original expected duration of one year or less, or are billed based on time incurred, is not disclosed. This amount does not include variable consideration which is subject to significant risk of reversal.