Kuala Lumpur, 24 February 2026 – Seni Jaya Corporation Berhad (“Seni Jaya” or “the Group”) delivered a strong set of unaudited results for the second quarter ended 31 December 2025 (Q2 FY2026), with profit before tax (PBT) rising 30% quarter-on-quarter (QoQ) to RM6.0 million, supported by higher billboard demand, improved asset utilisation and disciplined cost execution.
In a milestone move following its post-2021 consolidation phase, the Board declared the Group’s first interim dividend of 1 sen per ordinary share, amounting to approximately RM2.1 million, reflecting confidence in earnings sustainability and cash flow generation.
Revenue Growth and Operating Leverage
For Q2 FY2026, revenue increased 19% year-on-year (YoY) to RM22.8 million, compared with RM19.2 million in the corresponding quarter last year. Profit after tax (PAT) stood at RM5.1 million, underscoring stable profitability amid a competitive advertising landscape.
On a sequential basis, the Group achieved a notable uplift in earnings. PBT improved from RM4.6 million in Q1 FY2026 to RM6.0 million in Q2, driven by stronger revenue, higher gross profit and increased billboard occupancy rates.
Production-related income surged 121% QoQ, highlighting the scalability of the Group’s Out-of-Home (OOH) media platform as asset utilisation improved across core locations.
Half-Year Performance Strengthens
For the six-month period ended 31 December 2025 (1H FY2026), revenue rose 22% YoY to RM44.9 million, while PBT increased 18% YoY to RM10.6 million.
The stronger half-year performance was attributed to higher billboard occupancy, disciplined cost management and effective execution of strategic initiatives across the Group’s expanding asset base.
On a core or normalised basis, excluding non-core items, Q2 FY2026 core PAT amounted to RM4.2 million, translating into a core PAT margin of 18%. The moderation in core earnings versus the prior-year quarter was mainly due to tax adjustments and utilisation of capital allowances rather than any deterioration in underlying operating demand.
Strategic Expansion and Integration
Chief Executive Officer Mr. Jeff Cheah See Heong said the sequential improvement underscores the resilience of Seni Jaya’s OOH platform and the benefits of higher asset utilisation as advertiser demand gradually recovers.
The Group continues to expand its footprint through acquisitions, including Unilink Group, Vision OOH Sdn. Bhd., and Ganad Media Sdn. Bhd. These additions are expected to strengthen nationwide reach, enhance premium inventory and unlock operational synergies.
Seni Jaya is also focused on portfolio enhancement, including developing high-value billboard sites and converting selected static billboards to digital formats to drive higher yields and future-proof its asset base.
Industry and Market Outlook
Malaysia’s macroeconomic backdrop remains supportive, with resilient domestic demand and sustained investment expected to underpin growth in 2026. While advertising industry forecasts suggest a more cautious environment following sharper declines in 2025, OOH media continues to demonstrate resilience, supported by urbanisation trends and sustained commuter volumes.
As at 5:00 p.m. on 24 February 2026, Seni Jaya’s share price closed at RM0.55, giving the Group a market capitalisation of RM117.5 million.
With strengthened foundations, expanding portfolio assets and improving earnings momentum, Seni Jaya enters the second half of FY2026 positioned for sustainable growth while progressively returning value to shareholders.
