KUALA LUMPUR, 26 August 2025 – Saliran Group Berhad (“Saliran”), a leading supplier and distributor of pipes, fittings, flanges, and steel products, has reported strong second-quarter financial results for the year ending 31 December 2025 (Q2 FY2025).
The Group delivered revenue of RM116.3 million, representing a 22.5% quarter-on-quarter increase from RM95.0 million in Q1 FY2025. Profit After Tax (PAT), however, eased to RM1.4 million from RM2.6 million in the previous quarter, as the company adopted a competitive pricing strategy to strengthen client retention and acquire new customers.
Strong Local Demand Fuels Growth
Revenue expansion was mainly driven by robust sales to domestic clients, especially those linked to infrastructure projects. The supply and distribution segment remained Saliran’s core contributor, generating RM115.7 million, or 99.5% of total revenue, while the manufacturing division accounted for RM0.6 million.
Local revenue accounted for 77.5% of total sales, up from 72.5% in Q1, underscoring stronger demand in Malaysia.
Half-Year Performance and Normalised Profit
For the first half of FY2025 (1H FY2025), Saliran posted cumulative revenue of RM211.3 million and PAT of RM4.0 million. After adjusting for one-off listing expenses of RM0.7 million incurred in Q1, the Group’s normalised Profit Before Tax (PBT) stood at RM7.5 million, reflecting healthy operational fundamentals.
Strategic Collaboration with Regional Partners
On 6 August 2025, Saliran signed a Memorandum of Understanding (MOU) with Maoming Port Group (China) and PCA Group (Malaysia). The collaboration aims to advance technical exchanges, training, and research in the oil and gas sector, with focus areas including low-carbon refining, smart factory innovation, and carbon capture, utilisation and storage (CCUS) technologies.
The partnership is expected to expand Saliran’s technical expertise, deepen regional linkages, and enhance its value chain integration across Southeast Asia.
IPO Roadmap and Expansion Plans
Since its successful listing on the ACE Market of Bursa Malaysia in March 2025, Saliran has been executing its IPO-funded expansion strategy. As of 30 June 2025, RM10.6 million of the RM21.7 million IPO proceeds had been utilised, mainly for working capital and listing-related costs. Upcoming allocations will go towards machinery purchases, delivery fleet expansion, and establishing a new sales office in Indonesia.
Management Outlook
Commenting on the results, Mr. Liaw Choon Wei, Managing Director of Saliran Group Berhad, said:
“We are pleased with the strong revenue growth in Q2, reflecting sustained demand from domestic projects. While margins were softer due to strategic pricing, we view these measures as critical for building long-term customer relationships and securing higher sales volumes.”
