Samaiden Group Berhad (“Samaiden” or “the Company”), a specialist in renewable energy primarily engaged in the development, engineering, procurement, construction, and commissioning of renewable energy systems and power plants, has reported strong financial results for the quarter ended 31 December 2025 (Q2 FY2026). The Group recorded revenue of RM102.79 million, marking an increase of 28.4% from RM80.05 million in the preceding quarter. This growth was largely driven by accelerated construction activities and higher progress billings from ongoing utility-scale solar projects. Profit Before Tax rose to RM10.82 million, up 64.9% from RM6.56 million in Q1 FY2026, reflecting improved project momentum and contributions from projects with stronger margin profiles. In line with this performance, Profit After Tax increased by 90.5% to RM9.03 million, compared with RM4.74 million in the previous quarter, highlighting the Company’s ability to translate higher revenue into stronger bottom-line growth.
Datuk Ir. Chow Pui Hee, Group Managing Director of Samaiden, stated that the quarter’s performance reflects stronger on-site execution and steady progress across key projects. Higher construction activities contributed to increased revenue recognition, while projects with healthier margin profiles enhanced overall profitability. Despite recent increases in solar panel prices, the impact on the Company has remained minimal, supported by early procurement planning, strategic sourcing, and disciplined cost management, ensuring projects remain on track. He emphasized that Samaiden continues to focus on maintaining operational discipline while executing its expanding pipeline of renewable energy projects.
The renewable energy sector in Malaysia continues to offer significant growth opportunities, supported by evolving policy initiatives such as the updated Corporate Renewable Energy Supply Scheme (CRESS), the introduction of Feed-in Tariff 3.0 (FiT 3.0), and the Solar Accelerated Transition Action Programme (Solar ATAP), which was implemented following the conclusion of the Net Energy Metering (NEM) programme. Against this positive industry backdrop, the Group expects continued growth momentum from the ongoing rollout of renewable energy initiatives.
As of 31 December 2025, Samaiden’s order book stood at RM600.5 million, providing a strong foundation for revenue recognition in the coming financial periods. With a healthy pipeline spanning CRESS, LSS5+, the Corporate Green Power Program, and rooftop solar projects, Samaiden is well-positioned to capture further growth in Malaysia’s renewable energy sector.