KUALA LUMPUR: Master Tec Group Bhd remains cautiously optimistic about its financial prospects for the remainder of the year, supported by resilient demand across Malaysia’s infrastructure, utilities, renewable energy, telecommunications, and data centre sectors.
Despite ongoing global economic uncertainties, cost pressures, and industry competition, the wire and cable manufacturer said its core operations under Master Tec Wire & Cable Sdn Bhd (MTWC) are well-positioned to capture ongoing power grid and industrial expansion.
For the third quarter ended Sept 30, 2026 (3Q26), Master Tec recorded a 16.57% year-on-year (y-o-y) increase in net profit attributable to owners of the company to RM10.01 million, up from RM8.59 million in 3Q25. Earnings per share rose to 0.98 sen from 0.84 sen previously.
Quarterly revenue surged 72.53% y-o-y to RM199.85 million from RM115.83 million, driven by stronger contributions across all business segments. Manufacturing remained the primary growth engine, jumping 58.04% y-o-y to RM173.27 million on robust cable sales, while trading revenue rose more than elevenfold to RM11.87 million. Contract revenue jumped 184.53% y-o-y to RM14.71 million on accelerated engineering project recognition.
Gross profit climbed 75.64% y-o-y to RM20.69 million on a more favourable product sales mix, lifting profit before tax (PBT) by 53.96% to RM14.01 million. Bottom-line growth was partially moderated by a higher effective tax rate of 25.11%, up from 9.53% a year earlier following the full utilisation of prior tax incentives.
On a quarter-on-quarter (q-o-q) basis, net profit attributable to owners rose 19% from RM8.41 million recorded in 2QFY26, while PBT gained 21.53% from RM11.53 million. Quarterly revenue expanded 42.25% q-o-q from RM140.5 million, underpinned by higher manufacturing output, increased trading activities, and stronger contract billing.
For the cumulative nine-month period (9M26), net profit grew 19.25% y-o-y to RM23.82 million from RM19.97 million, while cumulative revenue rose 48.34% to RM431.51 million from RM290.89 million.
No dividend was declared for the quarter under review. Year-to-date, the group has paid a first interim single-tier dividend of one sen per share for FY26, compared to 0.69 sen in the corresponding period last year.
Simultaneously, its subsidiary Sediacom Sdn Bhd continues to execute horizontal directional drilling (HDD) and fibre-optic infrastructure works to support nationwide connectivity rollouts, alongside group-wide investments in machinery and energy efficiency.