SEBERANG PERAI, 18 November 2025 — BWYS Group Berhad (“BWYS”), a leading Malaysian sheet-metal products manufacturer and scaffoldings solutions provider, delivered an exceptional performance in the third quarter ended 30 September 2025 (“3QFY25”), underpinned by robust construction-sector demand and stronger cost efficiencies. The Group’s net profit surged almost threefold to RM4.3 million, marking one of its strongest quarterly results since listing.
The quarter’s strong financial showing reinforces BWYS’s position as a key beneficiary of Malaysia’s construction and infrastructure revival cycles, supported by steady demand from its established client base and rising activity in key industrial corridors.
Revenue Jumps 30% YoY as Construction Activity Accelerates
For 3QFY25, BWYS posted RM74.8 million in revenue, representing a 30.0% increase from RM57.6 million recorded in 3QFY24. The sharp increase was driven by higher volumes across its sheet-metal fabrication, scaffolding rental, and manufacturing segments, reflecting both expanding project pipelines and continued restocking from existing customers.
Malaysia remained the Group’s core market, contributing RM69.1 million, or 92.3% of total revenue, affirming BWYS’s entrenched position within the domestic construction value chain. The United States contributed RM3.7 million (4.9%), while Singapore, Bangladesh, the Philippines, and the United Arab Emirates collectively accounted for the remaining share.
Net Profit Nearly Triples; Margin Strengthens Significantly
BWYS’s net profit climbed to RM4.3 million, nearly triple the RM1.5 million posted in 3QFY24. Net profit margin improved to 5.8%, up substantially from 2.6% a year earlier.
The improved profitability was driven by:
- Stronger top-line performance
- Improved cost optimisation
- The absence of RM2.3 million in one-off listing expenses incurred in the preceding quarter
The result reflects BWYS’s disciplined financial management and growing operating leverage within its expanding manufacturing footprint.
Management: Growth Outlook Remains Strong with New Capacity Coming Online
Managing Director Mr. Kang Beng Hai (江鳴海) said the Group’s results demonstrate the resilience of its operating model.
“We are encouraged by the strong set of results achieved this quarter. Robust demand from the construction sector and continued support from our customers have been instrumental in driving our performance.”
Mr. Kang highlighted that BWYS is poised for its next phase of expansion, supported by two major strategic initiatives.
1. New Colour-Coated Steel Coil Production Line — A Major Future Revenue Driver
BWYS recently entered into a joint venture with Runwin International (HK) Holding Group Co., Limited, aimed at establishing a state-of-the-art colour-coated steel coil production line. The first phase includes an initial annual production capacity of 150,000 tonnes, opening a substantial new revenue stream and elevating BWYS’s presence in the higher-margin value-added steel segment.
Construction of the new factory in Penang is progressing well and is expected to commence operations in 1Q 2026.
2. Strategic Land Acquisition in Kota Seri Langat
BWYS also recently announced a proposed acquisition of 28.9 acres of freehold industrial land at Compass, Kota Seri Langat, valued at RM94.5 million. The new site will serve as a long-term expansion platform, accommodating future production capacity and supporting core operations in scaffolding rental and sheet-metal manufacturing.
“With demand gradually recovering, and with new capacity expected through our joint venture and the new Penang factory coming onstream, we are excited about the growth ahead,” Mr. Kang added.
9MFY25: Revenue Reaches RM201.7 Million; Net Profit Surges 94.5%
For the nine-month period (“9MFY25”), BWYS registered RM201.7 million in revenue, up 11.2% YoY from RM181.4 million in 9MFY24. Net profit climbed to RM10.9 million, an increase of 94.5% YoY, signalling sustained demand momentum and enhanced operational efficiency across the Group’s businesses.
Dividend Declared
To reward shareholders, BWYS declared a first interim single-tier dividend of 0.05 sen per ordinary share, amounting to approximately RM0.5 million for the financial year ending 31 December 2025.
