Master Tec Group Berhad (“Master Tec” or the “Group”), a premier player in the manufacturing and distribution of power, control and instrumentation cables, has once again broken its revenue record, registering its highest-ever quarterly revenue of RM104.82 million for the second quarter ended 30 June 2025 (“Q2 FY2025”).
This achievement marks a significant 49.2% increase from RM70.24 million recorded in the previous quarter (“Q1 FY2025”) and a 43.9% jump from RM72.85 million in the corresponding quarter last year (“Q2 FY2024”), demonstrating the Group’s accelerating growth trajectory across its core segments.
The strong performance was underpinned by a robust showing from the manufacturing segment, which contributed RM91.04 million or 86.8% of total revenue in Q2 FY2025.
Notably, copper-cored low-voltage (“LV”) power cables remained the primary driver with revenue of RM49.32 million, while aluminium-cored LV power cables surged to RM39.68 million from RM22.86 million in corresponding quarter.
The trading segment also recorded a substantial increase in revenue, rising to RM8.95 million from RM1.10 million in Q2 FY2024, reflecting higher demand for complementary cable products.
Additionally, contract revenue from infrastructure and utility services via its subsidiary, Sediacom Sdn. Bhd. (“Sediacom”), contributed RM4.83 million, further reinforcing the Group’s strategic diversification efforts.
Master Tec recorded a Profit Before Tax (“PBT”) of RM8.16 million in Q2 FY2025, representing a 60.0% increase from RM5.10 million in Q1 FY2025, although a slight decrease compared to RM8.76 million in Q2 FY2024.
The YoY decline was mainly attributable to higher administrative expenses, particularly those incurred in relation to the Proposed Transfer to the Main Market of Bursa Securities, and increased finance costs arising from borrowings undertaken to support business expansion.
Profit After Tax (“PAT”) rose to RM6.93 million in Q2 FY2025, an improvement of 52.6% quarter-on-quarter, though lower than RM8.70 million recorded in Q2 FY2024 due to a higher effective tax rate stemming from lower tax incentives on capital expenditure.
For the six-month cumulative period ended 30 June 2025 (“1H FY2025”), the Group recorded total revenue of RM175.06 million, up 25.1% from RM139.99 million in the previous corresponding period.
While PBT declined marginally by 4.5% year-on-year to RM13.25 million due to the abovementioned factors, PAT stood at RM11.47 million compared to RM13.69 million in 1H FY2024. The Group remains committed to revenue expansion and managing cost structures to enhance net profitability.
Mr. Tee Kok Hwa, Chief Executive Officer of Master Tec Group commented,
“We are pleased to report our highest-ever quarterly revenue in Q2 FY2025, which reflects the growing strength of our manufacturing and trading operations, as well as the positive contributions from our infrastructure services business via Sediacom.
This solid performance affirms the success of our strategic focus on diversified revenue streams and capacity expansion. As we continue to scale, our focus remains on operational efficiency, product quality, and strengthening our market reach.”
To further support its regional expansion strategy, the Group recently entered into two strategic memoranda of understanding (“MOUs”): one with Yangtze (Jiangsu) Marine Technology Company Limited (“YOFC Marine”) on 18 June 2025 to explore technical collaboration and product distribution in high-specification cable segments; and another with Senari Synergy Sdn. Bhd. on 15 July 2025 to assess the viability of establishing a cable manufacturing facility in Sarawak.
On 11 August 2025, the Group declared a first interim single-tier dividend of 0.69 sen per share for FY2025, amounting to approximately RM7.04 million, rewarding shareholders for their continued support.
Looking ahead, Master Tec remains optimistic about its prospects, supported by growing infrastructure investments under the Thirteen Malaysia Plan (“13MP”) and the National Energy Transition Roadmap (“NETR”).
The Group is strategically positioned to benefit from rising demand for medium- and high-voltage cable solutions in line with Malaysia’s electrification goals and sustainable energy agenda.
For more information, visit https://mastertec.my/
