SumiSaujana Group Berhad (“SumiSaujana” or the “Company”) and its subsidiary (“Group”), an established manufacturer of oil and gas (“O&G”) specialty chemicals, today announced its unaudited financial results for the first quarter ended 31 March 2026 (“Q1 FY2026”), delivering steady revenue growth and resilient profitability despite ongoing cost pressures across the global supply chain.
For Q1 FY2026, the Group recorded revenue of RM42.2 million, representing an 11.7% increase from RM37.8 million in the corresponding quarter last year (“Q1 FY2025”). Profit Before Tax (“PBT”) improved to RM3.6 million compared to RM3.4 million previously, reflecting continued operational resilience and disciplined cost management initiatives.
On a corresponding quarter basis, the Group’s revenue growth was primarily driven by stronger contributions from Malaysia and other geographical areas.
Malaysia contributed RM9.4 million during the quarter, significantly higher than RM3.1 million recorded in the corresponding quarter last year. Thailand remained the Group’s largest geographical contributor with revenue of RM13.5 million, followed by Indonesia at RM4.7 million. While the United States and Oman contributed RM4.0 million and RM2.5 million respectively.
Gross profit for the quarter stood at RM11.1 million, translating into a gross profit margin of 26.3% compared to 30.4% previously. The moderation in margin was mainly attributable to competitive pricing conditions and elevated raw material and operating costs across the supply chain. Nevertheless, the Group’s PBT margin remained relatively stable at 8.5%, supported by ongoing cost optimisation efforts and operational efficiencies implemented across the business.
On a quarter-on-quarter basis, revenue moderated from RM65.4 million recorded in Q4 FY2025, mainly due to the completion of a major contract in Malaysia during the preceding quarter which had contributed approximately RM28.3 million in revenue. Consequently, quarterly PBT declined from RM6.6 million in Q4 FY2025 to RM3.6 million in Q1 FY2026. Despite this normalisation, the Group continued to maintain healthy profitability and operational stability.
Encik Norazlam Bin Norbi, Executive Director/ Chief Executive Officer of SumiSaujana, commented,
“Q1 FY2026 reflects the resilience of our core operations despite ongoing cost pressures and a more competitive operating environment. While the preceding quarter benefited from a sizeable contract contribution, our underlying business fundamentals remain stable, supported by recurring regional demand and improving international market penetration.
We continue to prioritise prudent cost management, operational efficiency and long-term customer engagement to strengthen earnings sustainability moving forward.”
During the quarter, the Group continued progressing on several strategic initiatives. The collaboration with China-based Zhangjiagang CoolisT Life Technology Co Ltd (“CoolisT”) involving the development and commercialisation of bio-based polyols remains on track, with manufacturing trials progressing according to project timelines.
In Indonesia, the evaluation phase for the Wet Gas Sulphuric Acid (“WSA”) project under the Build-Own-Operate-(Transfer) concept is also progressing as planned alongside ongoing discussions towards formalising the next phase of the project. Additionally, the Group entered into a new Memorandum of Understanding with TOPSOE A/S (“TOPSOE”) to explore opportunities involving WSA technology applications in Malaysia and Indonesia.
As at 31 March 2026, the Group had utilised RM67.5 million out of its RM74.4 million IPO proceeds, primarily towards the acquisition of the new Puncak Alam warehouse and corporate office, existing factory acquisition, capital expenditure and expansion of its research and development division.
The Group also declared an interim single-tier dividend of 0.20 sen per ordinary share, amounting to approximately RM2.89 million in respect of the financial year ending 31 December 2026, payable on 3 July 2026.
Looking ahead, SumiSaujana remains cautiously optimistic on the O&G outlook in 2026, supported by sustained upstream activities and steady energy demand across Asia Pacific.
Despite ongoing geopolitical uncertainties, especially in the Middle East and commodity price volatility, resilient domestic production activities and efforts to strengthen energy security in the region are expected to sustain demand for the Group’s products and services, while the Group continues to manage cost pressures through pricing discipline and operational efficiencies to support margin stability.
With a strengthened balance sheet, ongoing operational streamlining initiatives and expanding regional footprint, the Group remains focused on pursuing sustainable growth opportunities while maintaining prudent capital allocation and financial discipline moving forward.
For more information, visit https://www.sumisaujanagroup.com and https://sstcm.com/
