Last updated on December 25, 2025
KUALA LUMPUR, 21 November 2025 — Oxford Innotech Berhad (KLSE:OXB), an integrated engineering solutions provider, reported revenue of RM13.9 million for its third quarter ended 30 September 2025 (3QFY25), with profit after tax (PAT) of RM1.2 million. The quarter included approximately RM0.9 million in one-off listing expenses, which would place normalised PAT at RM2.1 million, reflecting a margin of 14.9%.
For the nine-month period (9MFY25), the Group delivered RM50.5 million in revenue and RM6.1 million in reported PAT. After adjusting for listing-related costs, normalised PAT stood at RM7.3 million, translating into a 14.5% margin. Oxford Innotech also generated RM16.2 million in positive net operating cash flow during the period, underscoring strong operating fundamentals.
Mechanical Assembly Leads Segment Revenue
The mechanical assembly solutions segment contributed RM29.9 million, accounting for 59.1% of 9MFY25 revenue. Precision engineering components solutions delivered RM19.3 million (38.3%), while automation and robotics solutions contributed RM1.3 million (2.6%).
Malaysia remained the core market, representing 94.7% of Group revenue, driven largely by multinational clients operating in the country. The remaining 5.3% was derived from other Asian markets, as well as North America and Europe.
Management: Strong FAIR Momentum and JAKA Robotics Deployments
Managing Director Mr. Ng Thean Gin said the Group’s performance was in line with expectations, supported by advancements through its strategic partnership with global collaborative robotics player JAKA Robotics Co. Ltd.
He shared: “During the quarter, we successfully deployed two projects using JAKA robots, one for a semiconductor client and another for a telecommunications customer.”
Mr. Ng added that the Group continues to see strong traction in First Article Inspection Reports (FAIRs) from the semiconductor sector: “Operationally, we are seeing good momentum in our FAIR approval pipeline. A number of the approvals have gone into mass production recently. With a healthy pipeline and a solid conversion into mass production orders so far, we expect meaningful contribution to the Group’s top-line in the coming quarters.”
FAIR approval represents the customer sign-off for initial sample parts, a prerequisite before larger-scale production orders commence.
Penang Science Park Factory 2 Starts Operations
Phase 1 of Oxford Innotech’s new facility at Penang Science Park (PSP) Factory 2 began mass production during the quarter. The facility adds 39,392 sq ft of manufacturing area, bringing total production floor space to 125,174 sq ft.
External Environment and Outlook
Mr. Ng said the Group is monitoring the implications of reciprocal tariffs imposed by the United States, although its direct exposure to the US market remains minimal and has not disrupted order flows.
He noted that the Group remains cautiously optimistic across key customer industries, semiconductor, electrical and electronics (E&E), automotive and modular building systems (MBS).
Oxford Innotech also remains in a net cash position, supported by a net asset per share of 18 sen as of 30 September 2025.
The Group was listed on the ACE Market of Bursa Malaysia on 29 July 2025, raising RM41.6 million to support capacity expansion and capability enhancement initiatives.
