Samaiden Group Berhad (“Samaiden” or “the Company”), a renewable energy (“RE”) specialist principally involved in development and engineering, procurement, construction and commissioning (“EPCC”) of RE systems and power plants, announced its financial results for the first quarter ended 30 September 2025 (“Q1 FY2026”).
The Group registered revenue of RM88.11 million, representing a 78.4% increase from RM49.39 million recorded in the corresponding quarter of the previous financial year. Profit before tax rose 111.6% year-on-year to RM9.23 million from RM4.36 million, while profit after tax improved 83.9% to RM6.13 million from RM3.33 million. The robust performance was primarily driven by construction progress of utility-scale projects.
On a quarter-on-quarter basis, revenue declined to RM88.11 million from RM134.95 million in Q4 FY2025 due to the near completion of several utility-scale projects. Nevertheless, profit before tax rose to RM9.23 million from RM8.39 million, reflecting tighter cost control and the absence of expected credit loss provisions that were recognised in the preceding quarter. Profit after tax stood at RM6.13 million compared to RM7.08 million previously, mainly due to losses incurred by certain subsidiaries.
The Group’s overall financial position remains sound. In view of this, Samaiden’s Board of Directors has declared and approved a first interim single-tier dividend of 1.4 sen per ordinary share in respect of the financial year ending 30 June 2026, reflecting the Group’s commitment to delivering value to its shareholders while maintaining a robust financial position. The entitlement date and payment date will be on 1 December 2025 and 30 December 2025 respectively.
Group Managing Director of Samaiden, Datuk Ir. Chow Pui Hee said, “Our Q1 FY2026 results mark a solid start to the financial year and reflect our continued operational discipline and execution strength. The supportive policy environment, including NETR and Budget 2026 initiatives, will continue to open new avenues for growth across utility-scale and commercial segments. With a robust order book of RM617.5 million and multiple LSS projects underway, Samaiden is well-positioned to capitalise on Malaysia’s accelerating renewable energy transition and deliver sustained value to our stakeholders.”
Malaysia’s ongoing energy-transition agenda continues to create strong tailwinds for the renewable-energy sector. Under the 13th Malaysia Plan and Budget 2026, the Government has set an ambitious target of achieving 35% renewable capacity by 2030 and introduced fiscal incentives such as RM150 million for the National Energy Transition Fund and RM1 billion under the Green Technology Financing Scheme 5.0. In addition, the planned implementation of a Carbon Tax by 2026, initially targeting the iron, steel and energy sectors, is expected to accelerate corporate adoption of renewable energy solutions to reduce carbon emissions and mitigate future carbon costs.
The Group expects further growth momentum from the continuing rollout of large-scale solar initiatives under LSS5 and LSS5+, and the planned launch of the LSS6 programme targeting an additional 2 GW of capacity. As of 30 September 2025, Samaiden’s order book stood at RM617.5 million, anchored by ongoing projects under the LSS5 and CGPP programmes with engineering and procurement works progressing as scheduled. The Group is also actively pursuing new EPCC opportunities under LSS5+ and other renewable-energy tenders to further strengthen its pipeline.
The Group also held its Annual General Meeting (“AGM”) today, where all resolutions were duly passed. Samaiden extends its sincere appreciation to all shareholders for their continued trust, confidence, and support towards the Group’s long-term vision and strategic direction in driving Malaysia’s renewable-energy growth.
