Master Tec Group Berhad (“Master Tec” or the “Group”), a premier player in the manufacturing and distribution of power, control and instrumentation cables, concluded the fourth quarter ended 31 December 2025 (“Q4 FY2025”) with another strong performance, delivering record quarterly revenue of RM124.52 million.
This represents a 29.1% increase from RM96.42 million in the corresponding quarter last year (“Q4 FY2024”), driven primarily by continued strength in its core manufacturing operations.
The manufacturing segment remained the backbone of the Group, contributing RM117.88 million in Q4 FY2025, marking a robust 49.8% year-on-year growth from RM78.71 million previously.
Aluminium-cored low-voltage (“LV”) power cables recorded a significant increase to RM59.59 million (Q4 FY2024: RM20.81 million), while copper-cored LV power cables rose to RM56.44 million (Q4 FY2024: RM54.16 million), reflecting strong order flows from utilities, infrastructure and industrial projects. Control and instrumentation cables contributed RM1.86 million during the quarter.
The trading segment recorded RM1.69 million in revenue compared to RM12.85 million previously, reflecting lower trading activities, while the contract revenue segment, contributed by Sediacom Sdn. Bhd., delivered RM4.94 million, supporting the Group’s diversification into infrastructure and utility services.
In line with stronger topline performance, gross profit (“GP”) surged to RM20.39 million in Q4 FY2025, more than doubling from RM8.85 million a year ago. The improvement was supported by higher production volumes, improved capacity utilisation and a more favourable sales mix, despite continued pressures from raw material prices, labour cost adjustments and higher depreciation from newly commissioned plant and machinery.
Profit before tax (“PBT”) rose sharply by 124.6% to RM15.33 million compared to RM6.83 million in Q4 FY2024. Profit after tax (“PAT”) increased to RM8.29 million from RM7.45 million previously, reflecting improved operational leverage from the expanded manufacturing base.
For the financial year ended 31 December 2025 (“FY2025”), the Group achieved revenue of RM415.41 million, representing a 28.2% increase from RM324.04 million in FY2024. The manufacturing segment contributed RM382.27 million, up 27.8% year-on-year, driven mainly by higher LV cable sales, particularly aluminium-cored products. The contract revenue segment contributed RM19.85 million, while trading revenue stood at RM13.29 million.
Full-year PBT expanded 35.9% to RM37.68 million from RM27.73 million previously, underscoring improved operating scale and production efficiency which included the one-off RM1.10 million transfer listing expenses. PAT rose to RM27.98 million compared to RM27.10 million in FY2024, mainly due to stronger operating performance, but partially offset by a higher effective tax rate due to reduced tax incentives on capital expenditure and movement in deferred tax during the period.
On a quarter-on-quarter basis, revenue improved 7.5% from RM115.83 million in Q3 FY2025, while PBT strengthened significantly by 68.5% from RM9.10 million, reflecting stronger manufacturing output and improved margins. PAT remained stable at RM8.29 million compared to RM8.23 million in the preceding quarter.
Mr. Tee Kok Hwa, Executive Director of Master Tec Group commented,
“FY2025 marks a transformational year for Master Tec. Our strong revenue and PBT growth reflect the scalability of our manufacturing platform and the increasing market acceptance of our aluminium-cored LV cables. As we progress into medium-voltage cable production and enhance our engineering capabilities through MTE and Sediacom, we are positioning the Group to capture higher-value infrastructure and energy transition projects.”
The Board has declared a second interim single-tier dividend of 0.99 sen per ordinary share for FY2025, amounting to approximately RM10.10 million, where the ex-date is on 2 March 2026, and payable on 17 March 2026, reflecting confidence in the Group’s cash flow generation and earnings sustainability.
Looking ahead, Master Tec remains well-positioned to benefit from sustained infrastructure spending, industrial development and electrification initiatives under national development frameworks and the National Energy Transition Roadmap.
The Group’s ongoing investments in medium-voltage cable certification, new machinery, land acquisition for expansion, and rooftop solar photovoltaic systems further strengthen its long-term competitiveness and commitment to sustainable growth.
For more information, visit https://mastertec.my/
