Master Tec Group Berhad (“Master Tec” or the “Group”), a premier player in the manufacturing and distribution of power, control and instrumentation cables, delivered another record quarter for the third quarter ended 30 September 2025 (“Q3 FY2025”), with revenue rising to RM115.83 million. This marks a 32.2% increase from RM87.63 million in the corresponding quarter last year (“Q3 FY2024”), underscoring continued demand for the Group’s cable products and expanding infrastructure solutions.
The robust performance was powered by the manufacturing segment, which contributed RM109.64 million or 94.6% of total revenue. Copper-cored low-voltage (“LV”) power cables surged to RM71.41 million (Q3 FY2024: RM56.43 million), while aluminium-cored LV power cables grew to RM35.95 million (Q3 FY2024: RM23.55 million), reflecting strong order flows from utilities, industrial projects, and construction activities. Control and instrumentation cables remained stable at RM2.29 million. The contract revenue segment, contributed through Sediacom Sdn. Bhd. (“Sediacom”), recorded RM5.17 million in Q3 FY2025, further supporting the Group’s diversification strategy. Meanwhile, trading revenue stood at RM1.02 million.
In line with higher revenue, the Group achieved a gross profit (“GP”) of RM11.78 million, up 18.9% year-on-year. GP margin moderated due to increased raw material prices, higher labour costs following minimum wage adjustments, and depreciation from new plant and machinery commissioned since late 2024. Nevertheless, improved production volume and stronger manufacturing utilisation cushioned cost pressures. Master Tec posted a profit before tax (“PBT”) of RM9.10 million in Q3 FY2025, an increase of 29.3% compared to RM7.04 million in Q3 FY2024. Profit after tax (“PAT”) rose 37.9% year-on-year to RM8.23 million, supported by effective cost optimisation and stronger operational leverage in the manufacturing segment.
For the nine-month cumulative period ended 30 September 2025 (“9M FY2025”), the Group recorded revenue of RM290.89 million, an increase of 27.8% compared to RM227.62 million in the previous year. PBT increased 6.9% to RM22.35 million, while PAT stood at RM19.70 million. Higher administrative and finance costs, including expenditures related to the Proposed Transfer to the Main Market and increased borrowings for capacity expansion, moderated bottom-line growth despite the strong topline trajectory.
Furthermore, Master Tec delivered a firmer quarter-on-quarter performance as revenue increased to RM115.83 million from RM104.82 million in Q2 FY2025, driven primarily by stronger demand for LV power cables within the manufacturing segment, which continued to anchor overall topline growth; in tandem with the higher revenue base, PBT improved to RM9.10 million compared to RM8.16 million previously, while PAT rose to RM8.23 million from RM6.93 million, reflecting better operating leverage, enhanced production efficiency, and improved cost management that collectively lifted margins despite ongoing expansion-related cost pressures.
Mr. Tee Kok Hwa, Executive Director of Master Tec Group commented, “Q3 FY2025 marks another record-setting quarter for Master Tec, driven by sustained demand for our LV power cable products and steady growth across our expanding business segments. Our earnings uplift reflects the scalability and resilience of our manufacturing capabilities, supported by stronger order intake from infrastructure and industrial clients. As we continue transitioning into medium-voltage cable production and extending our regional footprint, we remain focused on operational efficiency, product quality and market expansion.”
The Group continues to advance its strategic initiatives, including two key memoranda of understanding (“MOUs”) signed earlier this year: one with Yangtze (Jiangsu) Marine Technology Company Limited (“YOFC Marine”) on 18 June 2025 for technical collaboration and distribution of high-specification cable solutions; and another with Senari Synergy Sdn. Bhd. on 15 July 2025 to explore establishing a cable manufacturing facility in Sarawak. These initiatives align with Master Tec’s long-term blueprint to penetrate higher-value cable segments and elevate its manufacturing presence within Borneo and regional markets.
To support future expansion, the Group is also enhancing production capacity and energy efficiency through new machinery investments and the installation of a rooftop solar photovoltaic system at Master Tec Wire & Cable Sdn. Bhd. (“MTWC”). These initiatives underscore the Group’s commitment to sustainability and cost optimisation.
Looking ahead, Master Tec remains optimistic about its prospects, supported by major infrastructure investments under the 13th Malaysia Plan (“13MP”), the National Energy Transition Roadmap (“NETR”), and rising demand for electrification-related cable solutions. The Group’s progression into medium-voltage cable manufacturing positions it to serve larger-scale industrial and utility projects while expanding export opportunities.
