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PCCS GROUP BERHAD — Interim / Quarterly Report 2026
May 27, 2026
71247_rns_2026-05-27_d26c4c36-1c6b-4111-9296-188ef1fbc164.pdf
Interim / Quarterly Report
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PCCS
PCCS Group Berhad
Registration No. 199301026191 (280929-K)
(Incorporated in Malaysia)
CONDENSED CONSOLIDATED INCOME STATEMENTS (UNAUDITED)
FOR THE FOURTH QUARTER ENDED 31 MARCH 2026
| | CURRENT QUARTER
3 MONTHS ENDED | | Changes
% | CUMULATIVE QUARTER
12 MONTHS ENDED | | Changes
% |
| --- | --- | --- | --- | --- | --- | --- |
| | 31.03.2026
RM'000 | 31.03.2025
RM'000 | | 31.03.2026
RM'000 | 31.03.2025
RM'000 | |
| Revenue | 113,148 | 124,456 | (9) | 560,171 | 547,770 | 2 |
| Cost of sales | (90,962) | (99,784) | (9) | (451,108) | (454,224) | (1) |
| Gross Profit | 22,186 | 24,672 | (10) | 109,063 | 93,546 | 17 |
| Other Income | 2,751 | 4,068 | (32) | 4,524 | 6,467 | (30) |
| Interest Income | 193 | 399 | (52) | 771 | 968 | (20) |
| Administrative expenses | (18,692) | (20,136) | (7) | (77,309) | (74,728) | 3 |
| Selling and marketing expenses | (3,711) | (4,333) | (14) | (10,195) | (10,531) | (3) |
| Finance costs | (1,285) | (1,461) | (12) | (7,615) | (8,259) | (8) |
| Profit before tax | 1,442 | 3,209 | (55) | 19,239 | 7,463 | 158 |
| Income tax expense | (361) | (397) | (9) | (4,678) | (2,661) | 76 |
| Profit for the period | 1,081 | 2,812 | (62) | 14,561 | 4,802 | 203 |
| Profit attributable to: | | | | | | |
| Owners of the Company | 978 | 3,021 | (68) | 14,247 | 5,720 | 149 |
| Non-controlling interests | 103 | (209) | (149) | 314 | (918) | (134) |
| | 1,081 | 2,812 | (62) | 14,561 | 4,802 | 203 |
Earnings per share attributable to equity holders of the parent (sen):
| Basic | 0.44 | 1.35 | 6.46 | 2.56 |
|---|---|---|---|---|
| Diluted | 0.44 | 1.35 | 6.46 | 2.57 |
The Condensed Consolidated Statement of Comprehensive Income should be read in conjunction with the audited financial statements for the year ended 31 March 2025 and the accompanying explanatory notes attached to the interim financial statements.
PCCS
PCCS Group Berhad
Registration No. 199301026191 (280929-K)
(Incorporated in Malaysia)
CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (UNAUDITED)
FOR THE FOURTH QUARTER ENDED 31 MARCH 2026
| | CURRENT QUARTER
3 MONTHS ENDED | | | CUMULATIVE QUARTER
12 MONTHS ENDED | | |
| --- | --- | --- | --- | --- | --- | --- |
| | 31.03.2026
RM'000 | 31.03.2025
RM'000 | Changes
% | 31.03.2026
RM'000 | 31.03.2025
RM'000 | Changes
% |
| Profit for the period | 1,081 | 2,812 | (62) | 14,561 | 4,802 | 203 |
| Other comprehensive income,
net of tax | | | | | | |
| Foreign currency translation | 1,253 | (82) | (1,628) | (1,472) | (4,049) | (64) |
| Total comprehensive income/
(loss) for the period | 2,334 | 2,730 | (15) | 13,089 | 753 | 1,638 |
| Total comprehensive income/(loss)
attributable to: | | | | | | |
| Owners of the Company | 2,211 | 2,947 | (25) | 12,798 | 1,770 | 623 |
| Non-controlling interests | 123 | (217) | (157) | 291 | (1,017) | (129) |
| | 2,334 | 2,730 | (15) | 13,089 | 753 | 1,638 |
The Condensed Consolidated Statement of Comprehensive Income should be read in conjunction with the audited financial statements for the year ended 31 March 2025 and the accompanying explanatory notes attached to the interim financial statements.
PCCS Group Berhad
Registration No. 199301026191 (280929-K)
(Incorporated in Malaysia)
CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2026 (UNAUDITED)
| | 31.03.2026
RM'000
(Unaudited) | 31.03.2025
RM'000
(Audited) |
| --- | --- | --- |
| ASSETS | | |
| Non-current assets | | |
| Property, plant and equipment | 84,283 | 74,611 |
| Investment properties | 12,297 | 13,905 |
| Trade and other receivables | 190 | 326 |
| Lease receivables | 41,630 | 32,529 |
| Deferred tax assets | 3,637 | 3,687 |
| | 142,037 | 125,058 |
| Current assets | | |
| Inventories | 78,211 | 105,555 |
| Contract assets | 18,244 | 7,363 |
| Trade receivables | 66,529 | 72,063 |
| Other receivables | 2,176 | 1,949 |
| Other current assets | 9,546 | 10,692 |
| Lease receivables | 13,293 | 10,202 |
| Short-term funds | 410 | 2,013 |
| Deposits, cash and bank balances | 52,443 | 40,596 |
| | 240,852 | 250,433 |
| TOTAL ASSETS | 382,889 | 375,491 |
| EQUITY AND LIABILITIES | | |
| Equity attributable to equity owners of the parent | | |
| Share capital | 91,453 | 91,453 |
| Treasury shares | (1,161) | (1,161) |
| Other reserves | 9,465 | 10,134 |
| Retained earnings | 82,299 | 71,038 |
| | 182,056 | 171,464 |
| Non-controlling interests | 1,732 | 1,441 |
| Total Equity | 183,788 | 172,905 |
| Non-current liabilities | | |
| Borrowings | 15,181 | 7,255 |
| Lease liabilities | 11,062 | 7,533 |
| | 26,243 | 14,788 |
| Current liabilities | | |
| Borrowings | 59,643 | 58,801 |
| Lease liabilities | 2,063 | 1,214 |
| Trade payables | 63,408 | 79,278 |
| Other payables | 44,842 | 44,328 |
| Tax liabilities | 2,902 | 4,177 |
| | 172,858 | 187,798 |
| Total liabilities | 199,101 | 202,586 |
| TOTAL EQUITY AND LIABILITIES | 382,889 | 375,491 |
| Net assets per share attributable to ordinary equity holders of the parent (RM) | 0.8253 | 0.7773 |
The Condensed Consolidated Statement of Financial Position should be read in conjunction with the audited financial statements for the year ended 31 March 2025 and the accompanying explanatory notes attached to the interim financial statement
PCCS
PCCS Group Berhad
Registration No. 199301026191 (280929-K)
(Incorporated in Malaysia)
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED)
FOR THE FOURTH QUARTER ENDED 31 MARCH 2026
| <--- Attributable to Equity Holders of the parent---> | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Non-distributable | Distributable | ||||||||
| Share capital RM'000 | Treasury shares RM'000 | Share option reserve RM'000 | Foreign exchange reserve RM'000 | Legal reserve fund RM'000 | Retained earnings RM'000 | Total RM'000 | Non-controlling interest RM'000 | Total equity RM'000 | |
| At 1 April 2025 | 91,453 | (1,161) | 325 | 4,210 | 5,599 | 71,038 | 171,464 | 1,441 | 172,905 |
| Total comprehensive income for the financial year | |||||||||
| Profit for the year | - | - | - | - | - | 14,247 | 14,247 | 314 | 14,561 |
| Other comprehensive loss for the year | - | - | - | (1,449) | - | - | (1,449) | (23) | (1,472) |
| Total comprehensive (loss)/income | - | - | - | (1,449) | - | 14,247 | 12,798 | 291 | 13,089 |
| Transactions with owners | |||||||||
| Lapsed share option | - | - | (34) | - | - | 34 | - | - | - |
| Dividends | - | - | - | - | - | (2,206) | (2,206) | - | (2,206) |
| Legal reserved fund | - | - | - | - | 814 | (814) | - | - | - |
| Total transactions with owners | - | - | (34) | - | 814 | (2,986) | (2,206) | - | (2,206) |
| At 31 March 2026 | 91,453 | (1,161) | 291 | 2,761 | 6,413 | 82,299 | 182,056 | 1,732 | 183,788 |
The Condensed Consolidated Statement of Changes in Equity should be read in conjunction with the audited financial statements for the year ended 31 March 2025 and the accompanying explanatory notes attached to the interim financial statements.
PCCS
PCCS Group Berhad
Registration No. 199301026191 (280929-K)
(Incorporated in Malaysia)
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (AUDITED)
FOR THE FOURTH QUARTER ENDED 31 MARCH 2025
| <--- Attributable to Equity Holders of the parent---> | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Non-distributable | Distributable | ||||||||
| Share capital RM'000 | Treasury shares RM'000 | Share option reserve RM'000 | Foreign exchange reserve RM'000 | Legal reserve fund RM'000 | Retained earnings RM'000 | Total RM'000 | Non-controlling interest RM'000 | Total equity RM'000 | |
| At 1 April 2024 | 91,453 | (1,161) | 40 | 8,160 | 4,633 | 68,468 | 171,593 | 3,765 | 175,358 |
| Total comprehensive income for the year | |||||||||
| Profit/(loss) for the year | - | - | - | - | 5,720 | 5,720 | (918) | 4,802 | |
| Other comprehensive loss for the year | - | - | - | (3,950) | - | (3,950) | (99) | (4,049) | |
| Total comprehensive (loss)/income | - | - | - | (3,950) | - | 5,720 | 1,770 | (1,017) | 753 |
| Transactions with owners | |||||||||
| Share option issued | 290 | 290 | - | 290 | |||||
| Lapsed share option | - | - | (5) | - | - | 5 | - | - | - |
| Changes in ownership interests in a subsidiary | - | - | - | - | - | 17 | 17 | (1,307) | (1,290) |
| Dividend paid on shares | - | - | - | - | - | (2,206) | (2,206) | - | (2,206) |
| Legal reserve fund | - | - | - | - | 966 | (966) | - | - | - |
| Total transactions with owners | - | - | 285 | - | 966 | (3,150) | (1,899) | (1,307) | (3,206) |
| At 31 March 2025 | 91,453 | (1,161) | 325 | 4,210 | 5,599 | 71,038 | 171,464 | 1,441 | 172,905 |
The Condensed Consolidated Statement of Changes in Equity should be read in conjunction with the audited financial statements for the year ended 31 March 2025 and the accompanying explanatory notes attached to the interim financial statements.
PCCS Group Berhad
Registration No. 199301026191 (280929-K)
(Incorporated in Malaysia)
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED)
FOR THE FOURTH QUARTER ENDED 31 MARCH 2026
| 12 months ended | ||
|---|---|---|
| 31.03.2026 | ||
| RM'000 | ||
| (Unaudited) | 31.03.2025 | |
| RM'000 | ||
| (Unaudited) | ||
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Profit before tax | 19,239 | 7,463 |
| Adjustment for:- | ||
| Non-cash items | 10,176 | 11,906 |
| Non-operating items (which are investing/financing) | 11,193 | 10,954 |
| Interest expense | 7,615 | 8,259 |
| Interest income | (771) | (968) |
| Operating profit before changes in working capital | 47,452 | 37,614 |
| Changes in working capital | ||
| Net change in current assets | 807 | (39,055) |
| Net change in current liabilities | (14,816) | 27,286 |
| Interest paid | (7,615) | (8,259) |
| Tax paid | (6,027) | (673) |
| Net cash flows from operating activities | 19,801 | 16,913 |
| CASH FLOWS FROM INVESTING ACTIVITIES | ||
| Net change in short-term fund | 1,637 | 2,432 |
| Dividend income from short-term fund | 3 | 27 |
| Purchase of property, plant and equipment | (17,349) | (14,080) |
| Acquisition of subsidiary, net of cash and cash equivalents | - | (1,290) |
| Proceeds from disposal of property, plant and equipment | 304 | 310 |
| Interest received | 771 | 968 |
| Net cash flows used in investing activities | (14,634) | (11,633) |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Dividend paid to owners of the Company | (2,206) | (2,206) |
| Net drawdown of block discounting | 12,754 | 4,327 |
| Net repayment of lease liabilities | (2,781) | (3,111) |
| Net repayment of short term borrowings | (4,527) | (6,728) |
| Net cash flows used in financing activities | 3,240 | (7,718) |
| Net increase in cash and cash equivalents | 8,407 | (2,438) |
| Effects of foreign exchange rate changes | 3,440 | (2,337) |
| Cash and cash equivalents at the beginning of the financial year | 40,596 | 45,371 |
| Cash and cash equivalents at the end of the financial year | 52,443 | 40,596 |
| Cash and cash equivalents at the end of the financial period comprise the following: | ||
| Cash and bank balances | 52,443 | 40,596 |
| 52,443 | 40,596 |
The Condensed Consolidated Statement of Cash Flows should be read in conjunction with the audited financial statements for the year ended 31 March 2025 and the accompanying explanatory notes attached to the interim financial statements.
PCCS
PCCS Group Berhad
Registration No. 199301026191 (280929-K)
(Incorporated in Malaysia)
PART A - EXPLANATORY NOTES PURSUANT TO MFRS 134
1. BASIS OF PREPARATION
These condensed consolidated interim financial statements, for the period ended 31 March 2026, have been prepared in accordance with MFRS 134: Interim Financial Reporting and paragraph 9.22 of the Listing Requirements of Bursa Malaysia Securities Berhad.
The interim financial statements should be read in conjunction with the audited financial statements for the year ended 31 March 2025. The significant accounting policies adopted are consistent with those of the audited financial statements for the year ended 31 March 2025, except for the adoption of the following amendments to MFRSs that are mandatory for the current financial period:
Amendments to MFRSs
MFRS 121 The Effects of Changes in Foreign Exchange Rates
The Group has not adopted the following new MFRSs and amendments to MFRSs that have been issued, but yet to be effective:
| Effective for financial periods beginning on or after | |
|---|---|
| New MFRSs | |
| MFRS 18 Presentation and Disclosure in Financial Statements | 1 January 2027 |
| MFRS 19 Subsidiaries without Public Accountability: Disclosure | 1 January 2027 |
| Amendments to MFRSs | |
| MFRS 1 First-time Adoption of Malaysian Financial Reporting Standards | 1 January 2026 |
| MFRS 7 Financial Instruments: Disclosures | 1 January 2026 |
| MFRS 9 Financial Instruments | 1 January 2026 |
| MFRS 10 Consolidated Financial Statements | 1 January 2026/ Deferred |
| MFRS 107 Statements of Cash Flows | 1 January 2026 |
| MFRS 128 Investments in Associates and Joint Ventures | Deferred |
2. AUDIT REPORT ON THE FINANCIAL STATEMENTS FOR THE PREVIOUS FISCAL YEAR
The auditors' report on the financial statements for the year ended 31 March 2025 was not qualified.
PCCS
PCCS Group Berhad
Registration No. 199301026191 (280929-K)
(Incorporated in Malaysia)
3. ENHANCED SEGMENTAL INFORMATION
| Current quarter | Cumulative quarter | |||
|---|---|---|---|---|
| 3 months ended | 12 months ended | |||
| 31.03.2026 RM'000 | 31.03.2025 RM'000 | 31.03.2026 RM'000 | 31.03.2025 RM'000 | |
| Segment Revenue | ||||
| Revenue from operations: | ||||
| Apparels | 136,833 | 153,888 | 682,384 | 678,275 |
| Credit financing | 2,890 | 2,618 | 11,667 | 9,662 |
| Others | 6,285 | 5,427 | 9,356 | 7,080 |
| Total revenue before eliminations | 146,008 | 161,933 | 703,407 | 695,017 |
| Eliminations | (32,860) | (37,477) | (143,236) | (147,247) |
| Total | 113,148 | 124,456 | 560,171 | 547,770 |
| Segment Result | ||||
| Result from operations: | ||||
| Apparels | 7,097 | 9,110 | 26,269 | 15,851 |
| Credit financing | 966 | 183 | 3,667 | 1,748 |
| Others | 2,883 | (3,568) | 4,113 | (2,285) |
| 10,946 | 5,725 | 34,049 | 15,314 | |
| Eliminations | (9,865) | (2,913) | (19,488) | (10,512) |
| Total | 1,081 | 2,812 | 14,561 | 4,802 |
4. UNUSUAL ITEMS DUE TO THEIR NATURE, SIZE OR INCIDENCE
The current quarter did not witness any exceptional items that had an impact on assets, liabilities, equity, net income, or cash flows.
5. REVISIONS IN ESTIMATIONS
The Group has reviewed the reported amounts from previous financial years that could materially affect the current quarter's results. Based on this review, no revisions to these amounts were required, and the figures remain as previously reported.
6. OBSERVATIONS REGARDING FACTORS INFLUENCED BY SEASONAL OR CYCLICAL PATTERNS
The Group's performance remains unaffected by significant seasonal or cyclical influences.
PCCS
PCCS Group Berhad
Registration No. 199301026191 (280929-K)
(Incorporated in Malaysia)
7. DIVIDENDS PAID
| | Cumulative quarter
12 months ended | |
| --- | --- | --- |
| | 31.03.2026 | 31.03.2025 |
| | RM'000 | RM'000 |
| Single tier interim dividend in respect of the financial year ending
31 March 2026, paid on 6 October 2025
- 1.0 sen per ordinary share | 2,206 | - |
| Total | 2,206 | - |
8. THE CARRYING VALUE OF REVALUED ASSETS
The valuations of property, plant and equipment have been carried forward without any amendments from the financial statements for the year ended 31 March 2025.
9. DEBT AND EQUITY SECURITIES
The current quarter and financial year to date witnessed no occurrences of debt and equity securities being issued, cancelled, repurchased, resold, or repaid.
10. ALTERATIONS IN THE GROUP'S COMPOSITION
There were no changes in the composition of the group during the current quarter.
11. THE CAPITAL COMMITMENTS
The Group's capital commitments as of March 31, 2026 amount to RM3 million allocated for the acquisition of machinery, equipment, and renovation.
12. REVISIONS TO CONTINGENT LIABILITIES AND CONTINGENT ASSETS
The twelve-month financial year ended on 31 March 2026 did not involve any other contingent liabilities or contingent assets.
13. MATERIAL EVENTS AFTER THE REPORTING DATE
There were no material subsequent events up to the date of this report.
PCCS
PCCS Group Berhad
Registration No. 199301026191 (280929-K)
(Incorporated in Malaysia)
PART B - EXPLANATORY NOTES PURSUANT TO APPENDIX 9B OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
14. THE EVALUATION OF PERFORMANCE
| Unaudited 4Q FY26 RM'000 | Unaudited 4Q FY25 RM'000 | Changes % | Unaudited 12M FY26 RM'000 | Unaudited 12M FY25 RM'000 | Changes % | |
|---|---|---|---|---|---|---|
| Revenue | 113,148 | 124,456 | (9) | 560,171 | 547,770 | 2 |
| Profit after tax | 1,081 | 2,812 | (62) | 14,561 | 4,802 | 203 |
For the fourth quarter ended 31 March 2026, the Group recorded revenue of RM113.1 million, compared to RM124.5 million in the corresponding quarter of the previous financial year. Profit after tax for the quarter stood at RM1.1 million, a decrease from RM2.8 million recorded in the same quarter last year. The decline in profitability was primarily attributable to lower revenue contribution from the Apparel business segment.
For the financial year ended 31 March 2026, the Group registered revenue of RM560.2 million, representing an increase of 2.2% from RM547.8 million in the preceding financial year. Profit after tax improved significantly to RM14.6 million, compared to RM4.8 million previously, mainly driven by higher revenue and enhanced operational efficiency.
15. THE PURPOSE OF THIS COMMENT IS TO HIGHLIGHT THE SIGNIFICANT CHANGE IN THE CURRENT QUARTER COMPARED TO THE PRECEDING QUARTER RESULTS
| Unaudited 4Q FY26 RM'000 | Unaudited 3Q FY26 RM'000 | Changes | ||
|---|---|---|---|---|
| RM'000 | % | |||
| Revenue | 113,148 | 118,659 | (5,511) | (5) |
| Profit after tax | 1,081 | 5,206 | (4,125) | (79) |
In the fourth quarter of FY2026, the Group recorded revenue of RM113.1 million, slightly lower than RM118.7 million in the preceding third quarter of FY2026. Profit after tax for the quarter was RM1.1 million, compared to RM5.2 million recorded in the previous quarter. The decrease was mainly attributable to lower sales and profit in the Apparel business segment.
16. ANALYSIS OF FUTURE PROSPECTS
The Group remains cautious on the outlook for the financial year ending FY2027 amid a persistently challenging operating environment. In the Apparel segment, customers continue to manage inventory levels prudently and adopt conservative sourcing strategies in response to ongoing macroeconomic uncertainties and geopolitical developments. Nevertheless, the Group has observed gradual improvement in sales orders for the coming quarters. Evolving trade policies and global economic conditions may continue to exert pressure on sales performance. In response, the Group will continue to prioritise operational efficiency and cost management initiatives to mitigate the impact of softer market conditions.
The credit financing segment is expected to deliver moderate growth, supported by the Group's continued emphasis on prudent credit risk management and disciplined expansion of its lending activities.
PCCS
PCCS Group Berhad
Registration No. 199301026191 (280929-K)
(Incorporated in Malaysia)
In the Medical segment, the Group will focus on strengthening its existing portfolio in blood vessel disease treatments, while advancing development initiatives in the structural heart division, which are expected to contribute progressively over the medium term. Across the Group, management will remain focused on maintaining cost discipline, enhancing operational efficiency and strengthening financial resilience to navigate prevailing uncertainties.
Barring any unforeseen circumstances, the Board expects the Group's performance for FY2027 to remain satisfactory.
17. PROFIT PROJECTION OR PROFIT ASSURANCE
The Company did not issue any profit projection or assurance during the current year under review.
18. NOTES ACCOMPANYING THE STATEMENTS OF COMPREHENSIVE INCOME
| | Current quarter
3 months ended | | Cumulative quarter
12 months ended | |
| --- | --- | --- | --- | --- |
| | 31.03.2026
RM'000 | 31.03.2025
RM'000 | 31.03.2026
RM'000 | 31.03.2025
RM'000 |
| Included in the profit before tax are the following items: | | | | |
| Continuing Operations | | | | |
| Bad debts written off | 487 | 1,005 | 4,757 | 1,945 |
| Bad debts recovered | (42) | (3) | (94) | (14) |
| Depreciation and amortisation | 2,992 | 2,215 | 11,047 | 10,821 |
| Fixed assets written off | 10 | 155 | 10 | 155 |
| Inventories written down | - | 11 | - | 11 |
| Interest income | (193) | (399) | (771) | (968) |
| Interest expenses | 1,285 | 1,461 | 7,615 | 8,259 |
| Net (reversal)/ impairment losses on
- Lease receivables | (368) | 167 | (2,130) | 2,353 |
| - Trade and other receivables | - | 6 | | 6 |
| (Gain)/loss on disposal of property,
plant and equipment | 37 | (44) | 172 | 93 |
| Realised foreign exchange loss | 2,898 | (3,834) | 3,985 | (3,235) |
| Unrealised foreign exchange loss/(gain) | (2,536) | 4,035 | 3,383 | 7,315 |
19. THE PROVISION OF INCOME TAX
| | Current quarter
3 months ended | | Cumulative quarter
12 months ended | |
| --- | --- | --- | --- | --- |
| | 31.03.2026
RM'000 | 31.03.2025
RM'000 | 31.03.2026
RM'000 | 31.03.2025
RM'000 |
| Malaysian income tax | 225 | 372 | 843 | 1,491 |
| Foreign income tax | 60 | 313 | 4,054 | 2,550 |
| | 285 | 685 | 4,897 | 4,041 |
| Deferred tax | 76 | (288) | (219) | (1,380) |
| Total income tax expenses | 361 | 397 | 4,678 | 2,661 |
PCCS
PCCS Group Berhad
Registration No. 199301026191 (280929-K)
(Incorporated in Malaysia)
The tax provided in the current period primarily relates to specific subsidiaries that have reported taxable profits.
The deferred tax asset was recognised for the deductible temporary differences and carry forward of unused tax losses to the extent that it is probable that taxable profit will be available against which the deductible temporary differences and the carry forward of unused tax losses can be utilised.
20. PROPOSALS FOR CORPORATE ENGAGEMENT
The Group does not have any corporate proposal which have been completed as of the date of this announcement.
21. COLLECTIVE BORROWINGS
| As at 31.03.2026 | ||||||
|---|---|---|---|---|---|---|
| Long term | Short term | Total borrowings | ||||
| Foreign denomination '000 | RM denomination RM'000 | Foreign denomination '000 | RM denomination RM'000 | Foreign denomination '000 | RM denomination RM'000 | |
| Continuing operations | ||||||
| Secured | ||||||
| Block discounting | ||||||
| - RM | - | 15,180 | - | 5,892 | - | 21,072 |
| Bill financing | ||||||
| - USD | - | - | 3,950 | 15,998 | 3,950 | 15,998 |
| Trust receipt | ||||||
| - RMB | - | - | 46,690 | 27,547 | 46,690 | 27,547 |
| Lease liabilities | ||||||
| - RM | - | 216 | - | 189 | - | 405 |
| Unsecured | ||||||
| Revolving credit | ||||||
| - RMB | - | - | 17,300 | 10,207 | 17,300 | 10,207 |
| Lease liabilities | ||||||
| - RM | - | 283 | - | 265 | - | 548 |
| - USD | 2,608 | 10,564 | 397 | 1,608 | 3,005 | 12,172 |
| Total | 26,243 | 61,706 | 87,949 |
PCCS
PCCS Group Berhad
Registration No. 199301026191 (280929-K)
(Incorporated in Malaysia)
| As at 31.03.2025 | ||||||
|---|---|---|---|---|---|---|
| Long term | Short term | Total borrowings | ||||
| Foreign denomination '000 | RM denomination RM'000 | Foreign denomination '000 | RM denomination RM'000 | Foreign denomination '000 | RM denomination RM'000 | |
| Secured | ||||||
| Block Discounting | ||||||
| - RM | - | 7,255 | - | 2,705 | - | 9,960 |
| Bill financing | ||||||
| - USD | - | - | 5,621 | 24,900 | 5,621 | 24,900 |
| Revolving credit | ||||||
| - USD | - | - | 500 | 2,215 | 500 | 2,215 |
| - RMB | - | - | 1,500 | 915 | 1,500 | 915 |
| Trust receipt | ||||||
| - RMB | - | - | 16,300 | 9,943 | 16,300 | 9,943 |
| Lease liabilities | ||||||
| - RM | - | 405 | - | 180 | - | 585 |
| Unsecured | ||||||
| Revolving credit | ||||||
| - RMB | - | - | 29,710 | 18,123 | 29,710 | 18,123 |
| Lease liabilities | ||||||
| - RM | - | 261 | - | 144 | - | 405 |
| - USD | 1,550 | 6,867 | 99 | 439 | 1,649 | 7,306 |
| - RMB | - | - | 390 | 238 | 390 | 238 |
| - HKD | - | - | 374 | 213 | 374 | 213 |
| Total | 14,788 | 60,015 | 74,803 |
22. REVISIONS IN ONGOING LEGAL DISPUTES
The announcement does not indicate any ongoing material litigation as of the date.
23. DIVIDEND PAYABLE
The announcement does not include any further declared dividends (31 March 2025: NIL).
24. EARNINGS PER SHARE
| Current quarter 3 months ended | Cumulative quarter 12 months ended | |||
|---|---|---|---|---|
| 31.03.2026 | 31.03.2025 | 31.03.2026 | 31.03.2025 | |
| RM'000 | RM'000 | RM'000 | RM'000 | |
| a Basic earnings per share | ||||
| Profit for the period attributable to equity holders (RM'000) | 978 | 3,021 | 14,247 | 5,720 |
| Weighted average number of ordinary shares in issue ('000) | 220,590 | 223,021 | 220,590 | 223,021 |
| Basic, for profit for the period (sen) | 0.44 | 1.35 | 6.46 | 2.56 |
PCCS
PCCS Group Berhad
Registration No. 199301026191 (280929-K)
(Incorporated in Malaysia)
b Diluted
The diluted earnings per share is determined by the profit attributable to the Company's owners of the financial period, along with the weighted average number of ordinary shares outstanding during that period and the weighted average number of ordinary shares that would be issued upon conversion of all potential dilutive ordinary shares into ordinary shares. This calculation can be expressed as follows:
| | Current quarter
3 months ended | | Cumulative quarter
12 months ended | |
| --- | --- | --- | --- | --- |
| | 31.03.2026
RM'000 | 31.03.2025
RM'000 | 31.03.2026
RM'000 | 31.03.2025
RM'000 |
| Profit for the period attributable to equity holders (RM'000) | 978 | 3,021 | 14,247 | 5,720 |
| Weighted average number of ordinary shares in issue ('000) | 220,590 | 223,021 | 220,590 | 223,021 |
| Effect of share options | - * | 128 | - * | 128 |
| Weighted average number of ordinary shares ('000) | 220,590 | 223,149 | 220,590 | 223,149 |
| Diluted, for profit for the period (sen) | 0.44 | 1.35 | 6.46 | 2.56 |
Note: * anti-dilutive
25. Authorization for Issuance
The Board of Directors has granted authorization for the issuance of the interim financial statements on the date set forth below.
The Board's Directive
CHUA SIEW CHUAN (SSM PC NO. 201908002648) (MAICSA 0777689)
Company Secretary
28 May 2026