MALAYSIA, 29 MAY 2025 – MClean Technologies Berhad (“MClean Technologies” or the “Company”), an established provider of precision cleaning and surface treatment solutions, today announced its financial results for the first quarter ended 31 March 2025 (“Q1 FY2025”), alongside the successful conclusion of its Fifteenth Annual General Meeting (“15th AGM”) held on 29 May 2025.
For Q1 FY2025, MClean recorded revenue of RM14.47 million, a 10.18% increase from RM13.13 million in Q1 FY2024, primarily driven by sustained demand in its precision cleaning and surface treatment businesses. Profit before tax (“PBT”) saw a remarkable year-on-year increase of 753.52%, jumping from RM0.35 million to RM3.03 million. The strong earnings performance also translated into a net profit attributable to owners of the Company of RM3.05 million, up from RM0.24 million a year ago.
The robust start to the year was supported by enhanced operational efficiency, strong orders from customers in the Hard Disk Drive (“HDD”) and consumer electronics sectors, and maiden contributions from the newly acquired plastic injection moulding business, We Total Engineering Sdn. Bhd. (“WTE”). The acquisition, completed in late March 2025, is part of the Company’s strategic expansion into the plastic engineering segment to capture synergies and scale across manufacturing services.
Dato Dr. Terence Tea Yeok Kian, Executive Chairman and Executive Director of MClean Technologies commented, “We are encouraged by our Q1 FY2025 performance, which continues our profitability momentum into the new financial year. Our strategic expansion into plastic injection moulding and the continued strength in HDD demand demonstrate the effectiveness of our diversification and transformation strategy. With the full backing of our shareholders following the AGM approvals, we are optimistic about delivering further growth and long-term value in the quarters ahead.”
MClean remains committed to capitalising on sector opportunities within the electronics, automotive, and medical device markets, supported by its improved balance sheet and expanded capabilities.
