Master Tec Group Berhad (“Master Tec” or the “Group”), a manufacturer and distributor of power cables, control and instrumentation cables, as well as a provider of infrastructure and utility services, today announced its financial results for the second quarter ended 30 June 2026 (“Q2 FY2026”), recording revenue of RM140.50 million and profit after tax (“PAT”) of RM8.65 million.
Compared with the immediate preceding quarter, revenue increased by 54.12% from RM91.16 million in Q1 FY2026, primarily driven by stronger contributions from the manufacturing and contract revenue segments following the festive season and holidays in the preceding quarter, supported by improved demand during the current quarter. Gross profit (“GP”) increased to RM14.88 million from RM9.30 million, while gross profit margin (“GPM”) stood at 10.59%, compared with 10.21% in the preceding quarter. PAT rose by 64.81% from RM5.25 million, with PAT margin improving to 6.16% from 5.76%.
Compared with the corresponding quarter of the preceding financial year, the Group recorded revenue of RM140.50 million, representing an increase of 34.04% from RM104.82 million, mainly driven by higher revenue contributions across all three segments. GP increased by 14.11% to RM14.88 million from RM13.04 million, while PAT rose by 24.82% to RM8.65 million from RM6.93 million.
The manufacturing segment remained the Group’s principal revenue contributor, recording revenue of RM121.60 million in Q2 FY2026, representing an increase of 33.57% from RM91.04 million in the corresponding quarter of the preceding financial year. The improvement was mainly driven by stronger demand for the Group’s cable products from the infrastructure, utilities, construction, telecommunication, renewable energy, industrial and data centre sectors.
Meanwhile, revenue from the trading segment increased by 11.17% to RM9.95 million from RM8.95 million, mainly due to higher trading activities during the quarter. The contract revenue segment, contributed by Sediacom Sdn. Bhd. (“Sediacom”), recorded revenue of RM8.94 million, representing an increase of 85.09% from RM4.83 million, mainly attributable to higher contracts and engineering-related works recognised during the quarter.
For the six-month financial period ended 30 June 2026 (“6M FY2026”), Master Tec recorded revenue of RM231.66 million, representing an increase of 32.33% from RM175.06 million in the corresponding period of the preceding financial year. GP increased by 13.25% to RM24.19 million, while PAT increased by 21.19% to RM13.90 million from RM11.47 million previously. GPM and PAT margin for 6M FY2026 stood at approximately 10.44% and 6.00%, respectively.
Dato’ Lau Kim San, Managing Director of Master Tec Group Berhad, said “We are encouraged by the stronger performance recorded in the second quarter, with improved contributions across our manufacturing and contract revenue segments. The significant improvement from the preceding quarter reflects the recovery in business activities following the festive season, alongside continued demand for our cable products across key sectors including infrastructure, utilities, renewable energy and data centres.
“Looking ahead, we remain focused on strengthening our operational efficiency, production capabilities and product quality through continuous process improvements, prudent cost management and investments in machinery, equipment and manufacturing facilities. At the same time, Sediacom will continue to undertake telecommunication and engineering-related works, including horizontal directional drilling and fibre optic infrastructure projects, further strengthening our participation across the infrastructure value chain.
In line with the Group’s commitment to delivering shareholder returns, the Board of Directors declared a first interim single-tier dividend of 1.00 sen per ordinary share in respect of the financial year ending 31 December 2026. The dividend amounts to approximately RM10.20 million and will be paid on 9 September 2026, with an entitlement date of 24 August 2026.
