Petaling Jaya, 25 February 2026 – Samaiden Group Berhad, a renewable energy (RE) specialist involved in developing and engineering, procurement, construction and commissioning (EPCC) of RE systems and power plants, delivered a strong performance for the quarter ended 31 December 2025 (Q2 FY2026), driven by accelerated project execution and higher progress billings.
Strong Quarter-on-Quarter Growth
The Group recorded revenue of RM102.79 million in Q2 FY2026, representing a 28.4% increase from RM80.05 million in the immediate preceding quarter. The growth was largely attributed to accelerated construction activities and higher progress billings from ongoing utility-scale solar projects.
Profit before tax (PBT) rose 64.9% quarter-on-quarter to RM10.82 million from RM6.56 million in Q1 FY2026, supported by improved project momentum and contributions from projects carrying healthier margins.
In line with stronger operating performance, profit after tax (PAT) surged 90.5% to RM9.03 million, compared with RM4.74 million in the preceding quarter, reflecting the Company’s ability to convert higher revenue into enhanced bottom-line growth.
Operational Discipline Amid Cost Pressures
Group Managing Director Datuk Ir. Chow Pui Hee said the improved performance reflected stronger on-site execution and steady progress across key projects.
Despite recent increases in solar panel prices, Samaiden reported minimal impact on margins due to early procurement planning, diversified sourcing strategies and disciplined cost management. Projects remain on track, with the Group maintaining operational discipline while executing its growing renewable energy pipeline.
Positive Industry Backdrop
Malaysia’s renewable energy sector continues to offer growth opportunities, supported by policy initiatives such as:
- Corporate Renewable Energy Supply Scheme (CRESS)
- Feed-in Tariff 3.0 (FiT 3.0)
- Solar Accelerated Transition Action Programme (Solar ATAP), introduced following the conclusion of the Net Energy Metering (NEM) programme
These initiatives are expected to sustain momentum in utility-scale and rooftop solar adoption.
Order Book and Outlook
As at 31 December 2025, Samaiden’s order book stood at RM600.5 million, providing earnings visibility for upcoming financial periods.
With a healthy pipeline across CRESS, LSS5+, the Corporate Green Power Programme and rooftop solar projects, the Group is well-positioned to capture further opportunities in Malaysia’s expanding renewable energy landscape.
