Saliran Group Berhad (“Saliran” or the “Company”), an established supplier and distributor of pipes, fittings and flanges as well as related parts and accessories, and steel products today announced its third quarter results for the financial year ending 31 December 2025 (“Q3 FY2025”).
For the quarter, the Group recorded a revenue of RM135.57 million and Profit Before Tax (“PBT”) of RM6.80 million, marking a quarter of solid topline growth and stronger profitability.
On a quarter-on-quarter basis, revenue rose 16.53% from RM116.34 million in Q2 FY2025, driven by higher order volumes from domestic infrastructure and construction projects.
PBT surged 180.99%, supported by a gross profit margin expansion from 8.40% to 11.12%, attributed to a more favourable product mix and pricing strategy.
Increased deliveries of higher-margin special steel components, particularly for data centres, fire safety systems, building construction and renewable energy projects such as solar infrastructure, played a key role in driving margin improvement.
For the nine-month financial period ended 30 September 2025 (“9M FY2025”), Saliran achieved RM346.92 million in revenue and RM8.77 million in Profit After Tax (“PAT”). Normalised PAT for the period, excluding RM0.69 million in one-off listing expenses, stood at RM9.46 million instead, highlighting the Group’s continued operational strength.
The Group’s performance was underpinned by strong demand from local customers, with domestic sales rising to 92.21% of Q3 revenue (Q2 FY2025: 77.51%).
The supply and distribution segment remained the primary contributor at RM134.67 million, while the manufacturing segment accounted for RM0.90 million. International sales to markets including Indonesia, Singapore, Vietnam, Thailand, Korea, and the Middle East provided further revenue diversification.
Mr. Liaw Choon Wei, Managing Director of Saliran Group Berhad commented,
“Our Q3 performance underscores the strength of our core markets and the growing adoption of our high-margin solutions across sectors like data centres, fire protection and renewable energy. The consistent revenue growth and margin recovery reflect the successful execution of our pricing and product strategies.
Despite ongoing macroeconomic uncertainties, we remain confident in our outlook. We continue to prioritise operational efficiency, strengthen our domestic market presence, and leverage strategic partnerships such as our recent collaboration in the oil and gas sector to unlock future growth opportunities.”
On 6 August 2025, Saliran entered into a one-year Memorandum of Understanding (“MoU”) with China’s Maoming Port Group Co., Ltd and Malaysia’s PCA Group Sdn Bhd.
This strategic collaboration aims to jointly develop technical capabilities, promote cross-border cooperation, and explore synergistic opportunities within the oil and gas supply chain.
Key areas include low-carbon refining, smart factory development, and capacity building via R&D and training exchanges.
Saliran remains committed to executing its post-IPO growth roadmap. As at 30 September 2025, the Group has utilised RM12.27 million of the RM21.71 million IPO proceeds, primarily for working capital and preliminary deployment towards regional expansion and fleet upgrades.
The remaining proceeds will support the establishment of a sales office in Indonesia, acquisition of delivery trucks and machinery, and repayment of bank borrowings in the coming quarters.
For more information, visit https://saliran.com.my/.
