Master Tec Delivers Strong Yoy Q1 FY2026 Results with 29.8% Revenue Growth and 38.6% Increase in PBT

Master Tec Group Berhad (“Master Tec” or the “Group”), a premier player in the manufacturing and distribution of power, control and instrumentation cables, announced its financial results for the first quarter ended 31 March 2026 (“Q1 FY2026”), delivering stronger year-on-year financial performance for Q1 FY2026 as revenue increased to RM91.16 million. This represents a 29.8% increase from RM70.24 million recorded in the corresponding quarter last year (“Q1 FY2025”), mainly driven by higher contribution from the Group’s core manufacturing segment.

The manufacturing segment remained the Group’s key earnings anchor, contributing RM86.83 million in Q1 FY2026, representing a 36.2% increase compared to RM63.76 million recorded in Q1 FY2025. The stronger performance was mainly supported by sustained demand for the Group’s cable products across infrastructure, utilities, construction, telecommunication, renewable energy, data centres and industrial sectors. Trading revenue stood at RM0.29 million compared to RM1.62 million previously, reflecting lower trading activities during the quarter. Meanwhile, the contract revenue segment, contributed by Sediacom Sdn. Bhd. (“Sediacom”), recorded RM4.04 million from contract and engineering-related works.

In tandem with the higher revenue base, the Group recorded a gross profit (“GP”) of RM9.30 million in Q1 FY2026, compared to RM8.32 million in Q1 FY2025. The improvement was mainly attributable to stronger revenue contribution from the manufacturing segment, supported by continuous operational efficiency to cushion fluctuations in raw material prices.

Profit before tax (“PBT”) increased by 38.6% to RM7.07 million from RM5.10 million in Q1 FY2025, while profit after tax (“PAT”) rose by 15.6% to RM5.25 million compared to RM4.54 million previously. Profit attributable to owners of the Company increased to RM5.40 million from RM4.47 million, while basic earnings per share improved to 0.53 sen from 0.44 sen in Q1 FY2025.

Mr. Tee Kok Hwa, Chief Executive Officer of Master Tec Group commented, “Master Tec’s Q1 FY2026 performance reflects the continued resilience of our manufacturing platform and the sustained relevance of our cable solutions across key growth sectors. While the quarter-on-quarter performance was affected by softer demand and seasonal factors, our results continue to demonstrate the underlying strength of our customer base, operational capabilities and execution efficiency. We remain focused on enhancing operational efficiency, maintaining product quality and strengthening our position across infrastructure, utilities, renewable energy, data centres, telecommunication and industrial markets.”

The Group also completed the acquisition of a parcel of freehold land in Mukim Jasin, Daerah Jasin, Negeri Melaka, for a total consideration of RM10.20 million on 8 May 2026. The completion of the land acquisition supports Master Tec’s longer-term expansion planning as it continues to enhance its manufacturing capacity, operational capabilities and future growth platform.

Looking ahead, Master Tec remains cautiously optimistic on its prospects, supported by ongoing activity across infrastructure, utilities, construction, telecommunication, renewable energy, data centres and industrial sectors.
The Group will continue to strengthen its core manufacturing and distribution business under Master Tec Wire & Cable Sdn. Bhd., while Sediacom continues to undertake telecommunication and engineering-related works, including horizontal directional drilling and fibre optic infrastructure activities.

Amid ongoing geopolitical developments, global supply chain uncertainties and fluctuations in raw material prices, Master Tec remains focused on prudent cost management, operational improvements and sustainability initiatives to support long-term growth and operational resilience.

Juniper

City slicker, prolific blogger and food lover who loves to review products and food & everything else in between.

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