Master Tec Group Berhad (“Master Tec” or the “Group”), a premier player in the manufacturing and distribution of power, control and instrumentation cables, has announced its financial results for the first quarter ended 31 March 2025 (“Q1 FY2025”), recorded a revenue of RM70.2 million, a 4.6% increase compared to RM67.1 million in the corresponding quarter last year.
The Group’s performance was primarily supported by strong demand for copper-cored low-voltage (“LV”) power cables, which rose to RM43.7 million from RM29.6 million in Q1 FY2024, alongside a healthy increase in sales of control and instrumentation cables to RM3.7 million, compared to RM2.2 million previously.
While aluminium-cored LV cable sales declined to RM16.3 million from RM34.7 million, the shortfall was mitigated by growth in the trading segment, which rose to RM1.6 million from RM0.6 million, and the maiden contribution of RM4.9 million from the contract revenue segment.
This new segment was primarily driven by Sediacom Sdn. Bhd. (“Sediacom”), which was consolidated into the Group in Q4 FY2024, contributing positively through its infrastructure and utility works.
Master Tec reported a Profit Before Tax (“PBT”) of RM5.1 million in Q1 FY2025, maintaining its profitability in line with the RM5.1 million posted in the corresponding quarter. Profit After Tax (“PAT”) stood at RM4.5 million, compared to RM5.0 million a year earlier.
The slight decline in bottom-line performance was attributed to changes in sales mix and a lower gross profit margin of 11.84%, compared to 14.55% in Q1 FY2024.
When compared to the immediate preceding quarter (“Q4 FY2024”), the Group recorded a decline in revenue from RM96.4 million to RM70.2 million, primarily due to fewer working days during festive periods and the timing of customer deliveries.
Nevertheless, the Group’s profitability remained resilient, supported by improved cost management and the diversified nature of its revenue base.
Mr. Tee Kok Hwa, Executive Director of Master Tec Group, said, “We are pleased with our performance for the first quarter of FY2025, especially with the steady contribution from our new infrastructure segment through Sediacom.
While seasonal softness impacted overall revenue compared to the previous quarter, the increased copper-based cable sales and continued profitability reflect our solid fundamentals and ability to navigate market dynamics.
Looking ahead, we will continue to strengthen our manufacturing and infrastructure divisions, backed by investments in capacity, technology, and people.”
Looking ahead, Master Tec remains confident in its growth prospects for FY2025. The Group is preparing to commence the manufacturing of medium-voltage (“MV”) power cables, with a targeted capacity of up to 3,600 tonnes annually, which will expand its product offerings and support larger-scale infrastructure projects.
The completion of its new production facilities and machinery, combined with active infrastructure development across Malaysia, is expected to further strengthen the Group’s competitiveness.
As at 31 March 2025, the Group’s total orderbook stood at RM177.2 million, comprising RM168.2 million from Master Tec Wire & Cable (“MTWC”) and RM9.0 million from Sediacom, providing strong revenue visibility and supporting the Group’s growth momentum for the near term.
In addition, Master Tec’s pending land acquisition in Mukim Jasin, Melaka and its capital commitment of over RM12.2 million for new machinery and infrastructure development underscore its long-term strategy to scale operations and expand service capabilities.
Together with the successful integration of Sediacom’s specialised utility offerings, these initiatives support the Group’s transformation into a fully integrated solutions provider in Malaysia’s evolving power and energy infrastructure sector.
For more information, visit https://mastertec.my/
