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OCB BERHAD — Interim / Quarterly Report 2026
May 24, 2026
71173_rns_2026-05-24_278709d1-467a-45c2-9b9c-67ca211471d6.pdf
Interim / Quarterly Report
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OCB BERHAD
Registration No: 195901000114 (3465-H)
(Incorporated in Malaysia)
("OCB" or "the Company")
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
FOR THE FIRST QUARTER ENDED 31 MARCH 2026
The figures have not been audited.
| INDIVIDUAL QUARTER | CUMULATIVE QUARTER | |||||
|---|---|---|---|---|---|---|
| Current Year Quarter Ended 31/03/26 RM'000 | Preceding Year Quarter Ended 31/03/25 RM'000 | % of Change | Current Year-to-date Ended 31/03/26 RM'000 | Preceding Year-to-date Ended 31/03/25 RM'000 | % of Change | |
| Revenue | 66,538 | 87,609 | -24 | 66,538 | 87,609 | -24 |
| Cost of sales | (51,957) | (70,182) | (51,957) | (70,182) | ||
| Gross profit | 14,581 | 17,427 | 14,581 | 17,427 | ||
| Other operating income/expenses | 664 | 595 | 664 | 595 | ||
| Operations and administrative expenses | (9,849) | (9,968) | (9,849) | (9,968) | ||
| Profit/(Loss) from operations | 5,396 | 8,054 | -33 | 5,396 | 8,054 | -33 |
| Finance costs | (529) | (359) | (529) | (359) | ||
| Profit/(Loss) before taxation | 4,867 | 7,695 | -37 | 4,867 | 7,695 | -37 |
| Taxation | (939) | (1,394) | (939) | (1,394) | ||
| Profit/(Loss) after taxation | 3,928 | 6,301 | -38 | 3,928 | 6,301 | -38 |
| Profit/(Loss) from discontinued operations | - | - | - | - | ||
| 3,928 | 6,301 | 3,928 | 6,301 | |||
| Other comprehensive income, net of tax | - | - | - | - | ||
| Total comprehensive income/(loss) for the period | 3,928 | 6,301 | -38 | 3,928 | 6,301 | -38 |
| Profit/(Loss) attributable to: | ||||||
| Shareholders of the company | 3,805 | 5,661 | 3,805 | 5,661 | ||
| Non-controlling interest | 123 | 640 | 123 | 640 | ||
| Profit/(Loss) for the period | 3,928 | 6,301 | -38 | 3,928 | 6,301 | -38 |
| Total Comprehensive Income attributable to: | ||||||
| Shareholders of the company | 3,805 | 5,661 | 3,805 | 5,661 | ||
| Non-controlling interest | 123 | 640 | 123 | 640 | ||
| Total comprehensive income/(loss) for the period | 3,928 | 6,301 | -38 | 3,928 | 6,301 | -38 |
| Earnings/(Loss) per share attributable to equity holders of the parent | ||||||
| Basic earnings per share (sen) | 3.70 | 5.50 | 3.70 | 5.50 |
The condensed consolidated interim financial statements should be read in conjunction with the audited financial statements for the year ended 31 December 2025 and the accompanying explanatory notes attached to the consolidated interim financial statements.
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OCB BERHAD
Registration No: 195901000114 (3465-H)
(Incorporated in Malaysia)
("OCB" or "the Company")
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
AS AT 31 MARCH 2026
The figures have not been audited.
| | (UNAUDITED)
AS AT END OF
CURRENT
QUARTER
31/03/26
RM'000 | (AUDITED)
AS AT PRECEDING
YEAR
END
31/12/25
RM'000 |
| --- | --- | --- |
| ASSETS | | |
| Non-Current Assets | | |
| Property, plant & equipment | 107,336 | 92,302 |
| Investment properties | 4,472 | 4,626 |
| Deferred tax assets | 30 | 30 |
| Intangible assets | 30 | 30 |
| Goodwill on consolidation | 16,111 | 16,111 |
| Total Non-Current Assets | 127,979 | 113,099 |
| Current Assets | | |
| Inventories | 32,365 | 30,561 |
| Debtors | 47,627 | 70,017 |
| Cash & cash equivalents | 82,924 | 84,121 |
| Total Current Assets | 162,916 | 184,699 |
| TOTAL ASSETS | 290,895 | 297,798 |
| EQUITY AND LIABILITIES | | |
| Share capital | 103,105 | 103,105 |
| Reserves | 96,529 | 92,732 |
| Shareholders' fund | 199,634 | 195,837 |
| Non-controlling interest | 3,312 | 2,989 |
| TOTAL EQUITY | 202,946 | 198,826 |
| Non-Current Liabilities | | |
| Borrowings | 10,699 | 11,744 |
| Lease liabilities | 419 | 58 |
| Deferred taxation | 4,721 | 4,721 |
| | 15,839 | 16,523 |
| Current Liabilities | | |
| Trade and other creditors | 34,558 | 49,734 |
| Overdraft & short term borrowings | 36,664 | 30,856 |
| Lease liabilities | 385 | 13 |
| Taxation | 503 | 1,846 |
| | 72,110 | 82,449 |
| TOTAL LIABILITIES | 87,949 | 98,972 |
| TOTAL EQUITY AND LIABILITIES | 290,895 | 297,798 |
| Net assets per share attributable to equity
holders of the parent (RM) | 1.94 | 1.90 |
The condensed consolidated interim financial statements should be read in conjunction with the audited financial statements for the year ended 31 December 2025 and the accompanying explanatory notes attached to the consolidated interim financial statements.
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OCB BERHAD
Registration No: 195901000114 (3465-H)
(Incorporated in Malaysia)
("OCB" or "the Company")
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
FOR THE FIRST QUARTER ENDED 31 MARCH 2026
The figures have not been audited.
| | Share Capital
RM'000 | Foreign Currency Reserve
RM'000 | Retained Profits
RM'000 | Total
RM'000 | Non-controlling Interest
RM'000 | Total Equity
RM'000 |
| --- | --- | --- | --- | --- | --- | --- |
| 3 Months Ended
31 March 2026 | | | | | | |
| At 1 January 2026 | 103,105 | 144 | 92,588 | 195,837 | 2,989 | 198,826 |
| Movements during the period | - | (8) | 3,805 | 3,797 | 323 | 4,120 |
| Balance at 31 March 2026 | 103,105 | 136 | 96,393 | 199,634 | 3,312 | 202,946 |
3 Months Ended
31 March 2025
| At 1 January 2025 | 103,105 | 177 | 77,326 | 180,608 | 1,501 | 182,109 |
|---|---|---|---|---|---|---|
| Movements during the period | - | 7 | 5,661 | 5,668 | 640 | 6,308 |
| Balance at 31 March 2025 | 103,105 | 184 | 82,987 | 186,276 | 2,141 | 188,417 |
The condensed consolidated interim financial statements should be read in conjunction with the audited financial statements for the year ended 31 December 2025 and the accompanying explanatory notes attached to the consolidated interim financial statements.
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OCB BERHAD
Registration No: 195901000114 (3465-H)
(Incorporated in Malaysia)
("OCB" or "the Company")
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW
FOR THE FIRST QUARTER ENDED 31 MARCH 2026
The figures have not been audited.
| 3 Months ended 31/03/26 RM'000 | 3 Months ended 31/03/25 RM'000 | |
|---|---|---|
| Net profit before taxation | ||
| Continuing operations | 4,867 | 7,695 |
| Discontinued operations | - | - |
| Adjustment for non-cash flow: | ||
| Depreciation | 1,712 | 1,594 |
| Interest income | (195) | (207) |
| Interest expenses | 529 | 359 |
| Gain on disposal of property, plant & equipment | - | - |
| Bad debts written off | - | - |
| Inventories written off | - | - |
| Provision of slow moving inventories | - | - |
| Reversal of slow moving inventories | - | - |
| Impairment loss on receivables | - | - |
| Loss on disposal of subsidiaries | - | - |
| Loss on termination of lease | - | - |
| property, plant and equipment written off | - | - |
| Reversal of impairment loss on trade receivables | - | - |
| Reversal of impairment loss on other receivables | - | - |
| Unrealised foreign exchange (gain)/loss | (8) | 7 |
| Operating profit before changes in working capital | 6,905 | 9,448 |
| Changes in working capital: | ||
| Net Change in inventories | (1,804) | 11,505 |
| Net Change in receivables | 22,390 | (1,809) |
| Net Change in payables | (15,176) | (10,297) |
| Cash flows generated/(used in) operating activities | 12,315 | 8,847 |
| Tax paid | (2,282) | (2,589) |
| Net cash flow generated/(used in) operating activities | 10,033 | 6,258 |
| Profit/(Loss) attributable to: | ||
| Purchase of property, plant & equipment | (4,991) | (7,356) |
| Proceed from issuance of shares in subsidiary company | 200 | - |
| Proceed from disposal of subsidiaries, net of cash | - | - |
| Interest received | 195 | 207 |
| Net cash flows used in investing activities | (4,596) | (7,149) |
| Financing Activities | ||
| Drawdown/(Repayment) of bills payables/revolving credit | 3,643 | (2,503) |
| (Repayment)/Drawdown of term loans | (684) | (11,367) |
| Dividend paid | - | - |
| Interest paid | (529) | (359) |
| Repayment of finance lease liabilities | (99) | (101) |
| Net cash flows from financing activities | 2,331 | (14,330) |
| Net increase/(decrease) in cash and cash equivalent | 7,768 | (15,221) |
| Effect of exchange translation | - | - |
| Cash & cash equivalents at beginning of year | 72,468 | 72,468 |
| Cash & cash equivalents at end of year | 80,236 | 57,247 |
| CASH AND CASH EQUIVALENTS COMPRISE THE FOLLOWING BALANCE SHEET AMOUNTS | ||
| Cash & cash equivalents | 82,924 | 58,395 |
| Bank overdraft (Note B7) | (2,688) | (1,148) |
| 80,236 | 57,247 |
The condensed consolidated interim financial statements should be read in conjunction with the audited financial statements for the year ended 31 December 2025 and the accompanying explanatory notes attached to the consolidated interim financial statements.
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