Samaiden Group Berhad (“Samaiden” or “the Group”), a clean energy specialist principally involved in development and engineering, procurement, construction and commissioning (“EPCC”) of RE systems and power plants, today announced its financial results for the quarter ended 30 June 2026 (“Q4 FY2026).
The Group recorded revenue of RM105.7 million for Q4 FY2026, representing an increase of 55.8% from RM67.9 million in the immediate preceding quarter. The higher revenue was mainly attributable to accelerated construction progress on several Large Scale Solar 5 (“LSS5”) projects, which advanced from early site preparation in the preceding quarter into major construction works during the current quarter.
Profit before tax (“PBT”) in Q4 increased by 72.3% to RM21.2 million, compared with RM12.3 million in the immediate preceding quarter. In line with the stronger performance, profit after tax (“PAT”) rose 62.1% to RM14.8 million, from RM9.1 million previously. The improvement in profitability was mainly contributed by better margins from newly commenced projects, together with improved supply chain and cost management.
For the financial year ended 30 June 2026, Samaiden recorded revenue of RM364.5 million, PBT increased by 101.4% to RM53.5 million, while PAT rose 94.3% to RM39.0 million. In view of this, Samaiden’s Board of Directors has declared and approved a second interim single-tier dividend of 1 sen per ordinary share in respect of the financial year ended 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 21 September 2026 and 7 October 2026 respectively.
Datuk Ir. Chow Pui Hee,Group Managing Director of Samaiden, said, “We closed FY2026 with a strong fourth quarter, supported by the continued progress of our projects and significantly improved profitability for the year. This gives us good momentum entering FY2027, at a time when Malaysia’s renewable energy market is opening up a new wave of opportunities.”
“The rollout of LSS6, continued development of CRESS and other national renewable energy programmes are expected to sustain industry activity. In particular, the integration of battery energy storage system (“BESS”) under LSS6 marks an important development for the utility-scale solar market and broadens the opportunities available across the renewable energy value chain. We look forward to building on this momentum in the new financial year.”
The renewable energy landscape in Malaysia continues to expand with a broader range of programmes supporting new capacity. LSS6, the country’s largest LSS programme to date, offers 2,650MW of solar capacity, including 2,500MW paired with 1,250MW of battery energy storage system. Industry estimates suggest the programme could unlock approximately RM15 billion in private investment. CRESS continues to create additional avenues for businesses to procure renewable energy, while FiT 3.0 and Solar ATAP are expected to support activity across other segments of the renewable energy market.
As at 30 June 2026, the Group’s order book stood at RM435.8 million, providing a solid foundation for revenue recognition in the coming financial periods. Beyond secured projects, Samaiden is actively pursuing a diversified pipeline spanning utility-scale solar, BESS, CRESS, rooftop solar and other renewable energy projects, with several sizeable projects at advanced stages and active bidding under LSS6. This positions the Group to continuously replenish its order book as existing projects progress through execution, while broadening its earnings base over time.
