Last updated on August 23, 2025
KUALA LUMPUR, 22 August 2025 – Oxford Innotech Berhad (OXB, 牛津科创有限公司), an integrated engineering solutions provider newly listed on Bursa Malaysia’s ACE Market, has announced its second-quarter (2QFY25) and first-half (1HFY25) financial results for the period ended 30 June 2025.
For 2QFY25, the Group recorded revenue of RM17.1 million, largely driven by its mechanical assembly solutions segment, which contributed RM10.2 million or 59.7%. Precision engineering components accounted for RM6.3 million (37.0%), while automation and robotics solutions contributed RM0.6 million (3.3%).
Malaysia remained the Group’s primary market, contributing 93.0% of quarterly revenue, followed by 4.7% from Asia ex-Malaysia, with the balance from North America and Europe.
On profitability, OXB delivered a profit after tax (PAT) of RM1.6 million in 2QFY25, which included one-off listing expenses of RM0.4 million. Excluding this, normalised PAT stood at RM2.0 million, with a margin of 11.8%.
For the first half of FY2025, the Group achieved RM36.6 million in revenue and RM4.8 million PAT. Normalised PAT was RM5.3 million, translating to a margin of 14.4%. OXB also generated a positive net operating cash flow of RM10.9 million during the period.
Outlook and Expansion Plans
Managing Director Ng Thean Gin (黄天仁) said the results were in line with expectations, with stronger activity anticipated in the second half of FY2025. He highlighted ongoing discussions on new projects in the semiconductor and modular building systems (MBS) industries.
Operationally, OXB is advancing testing and commissioning at Phase 1 of its new Penang Science Park Factory 2, which offers 39,392 sq ft of manufacturing space. Trial production is slated to begin in the third quarter of 2025, expanding the Group’s total manufacturing floor space to 125,174 sq ft.
Looking ahead, OXB intends to proceed with Phase 2 of Factory 2, which will increase its total production area to 192,896 sq ft to meet growing demand.
Industry Positioning
Ng noted that while global uncertainties, including reciprocal US tariffs, remain a consideration, OXB’s direct exposure to the United States is limited and has not affected orders. The Group remains optimistic about prospects in its key markets, including semiconductors, electronics and electrical (E&E), automotive, and MBS.
He also pointed to government support under the 13th Malaysia Plan (2026–2030) and the National Semiconductor Strategy, which allocates RM25 billion in fiscal support and targets E&E exports of RM1 trillion by 2030. “This spells tremendous opportunities ahead for companies like us, and we are well-positioned to capitalise on this growth,” Ng said.
Listing Proceeds
OXB was successfully listed on the ACE Market on 29 July 2025, raising RM41.6 million, which will primarily be channelled into capacity and capability expansion.
