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SUPERCOMNET TECHNOLOGIES BHD Interim / Quarterly Report 2026

May 20, 2026

71586_rns_2026-05-20_8ed18a0f-f1d6-4899-b360-fe92d67b58b6.pdf

Interim / Quarterly Report

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SUPERCOMNET TECHNOLOGIES BERHAD
(Company No.: 199001005958 (197527-H))
(Incorporated in Malaysia)

UNAUDITED INTERIM FINANCIAL REPORT FOR THE PERIOD ENDED MARCH 31, 2026
CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

Note (Unaudited) (Unaudited)
First Quarter Ended Cumulative Quarter Ended
31.03.2026 RM ' 000 31.03.2025 RM ' 000 31.03.2026 RM ' 000 31.03.2025 RM ' 000
Revenue 29,581 34,044 29,581 34,044
Cost of sales (19,991) (23,633) (19,991) (23,633)
Gross profit 9,590 10,411 9,590 10,411
Other operating income (net) # 2,074 2,867 2,074 2,867
Administrative expenses (3,846) (3,643) (3,846) (3,643)
Distribution costs (549) (569) (549) (569)
Profit from operation 7,269 9,066 7,269 9,066
Finance cost, net - - - -
Profit before tax 7,269 9,066 7,269 9,066
Taxation 19 (1,613) (1,806) (1,613) (1,806)
Profit after tax 5,656 7,260 5,656 7,260
Other comprehensive income, net of tax - - - -
Total comprehensive income for the period 5,656 7,260 5,656 7,260
Attributable to :
Equity holders of the parent 5,664 7,260 5,664 7,260
Non-controlling interest (8) - (8) -
5,656 7,260 5,656 7,260
Gross profit margin (%) 32.42 30.58 32.42 30.58
Profit after tax margin (%) 19.12 21.33 19.12 21.33
Weighted average number of shares ('000) 851,918 859,761 851,918 859,761
Earnings per share attributable to equity holders of the parent in sen EPS - Basic (sen) 24 0.66 0.84 0.66 0.84
Note # : Net other operating income
Fair value gain on other financial asset 1,719 1,625 1,719 1,625
Gain on disposal of property, plant and equipment (1) - (1) -
Gain from scrap sales and other disposal 595 1,040 595 1,040
Interest income 49 230 49 230
Rental income 8 7 8 7
Unrealised gain/(loss) on foreign exchange 17 (243) 17 (243)
Realised (loss)/gain on foreign exchange (313) 208 (313) 208
2,074 2,867 2,074 2,867

The Condensed Consolidated Statement of Comprehensive Income should be read in conjunction with the Audited Financial Statements of the Group for the year ended December 31, 2025.


SUPERCOMNET TECHNOLOGIES BERHAD
(Company No.: 199001005958 (197527-H))
(Incorporated in Malaysia)

UNAUDITED INTERIM FINANCIAL REPORT FOR THE PERIOD ENDED MARCH 31, 2026
CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

| | (Unaudited)
As At End Of
Current Quarter
31.03.2026
RM '000 | (Audited)
As At Preceding
Financial Year End
31.12.2025
RM '000 |
| --- | --- | --- |
| ASSETS | | |
| Non-Current Assets | | |
| Intangible asset | 4,932 | 5,549 |
| Goodwill | 87,478 | 87,478 |
| Investment in unquoted share | 7,750 | 7,750 |
| Investment properties | 14,692 | 14,692 |
| Property, plant and equipment | 37,514 | 30,142 |
| Right-of-use assets | 1,577 | 1,590 |
| Term deposits with licensed banks | 2 | 2 |
| | 153,945 | 147,203 |
| Current Assets | | |
| Inventories | 40,796 | 39,176 |
| Trade and other receivables | 27,210 | 25,950 |
| Current tax assets | 604 | 590 |
| Other financial asset | 208,968 | 213,748 |
| Term deposits with licensed bank | 1,300 | 9,505 |
| Cash and bank balances | 10,820 | 7,356 |
| | 289,698 | 296,325 |
| TOTAL ASSETS | 443,643 | 443,528 |
| EQUITY AND LIABILITIES | | |
| Equity attributable to equity holders of the parent | | |
| Share capital | 314,700 | 314,700 |
| Treasury shares | (6,736) | (3,664) |
| Other reserve | 865 | 865 |
| Retained earnings | 118,387 | 112,723 |
| Shareholders' equity | 427,216 | 424,624 |
| Non Controlling Interest | 3 | 11 |
| Total Equity | 427,219 | 424,635 |
| Non-Current Liability | | |
| Deferred tax liabilities | 2,405 | 2,553 |
| | 2,405 | 2,553 |
| Current Liabilities | | |
| Trade payables | 3,104 | 5,365 |
| Other payables | 6,442 | 4,861 |
| Current tax payable | 854 | 867 |
| Accrued expenses | 3,619 | 5,247 |
| | 14,019 | 16,340 |
| Total Liabilities | 16,424 | 18,893 |
| TOTAL EQUITY AND LIABILITIES | 443,643 | 443,528 |
| Net asset per share (RM) | 0.50 | 0.50 |

The Condensed Consolidated Statement of Financial Position should be read in conjunction with the Audited Financial Statements of the Group for the year ended December 31, 2025.


SUPERCOMNET TECHNOLOGIES BERHAD

(Company No.: 199001005958 (197527-H))

(Incorporated in Malaysia)

UNAUDITED INTERIM FINANCIAL REPORT FOR THE PERIOD ENDED MARCH 31, 2026.
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS

| | (Unaudited) 2026
3 months ended
31.03.2026
RM '000 | (Unaudited) 2025
3 months ended
31.03.2025
RM '000 |
| --- | --- | --- |
| Profit for the period | 5,656 | 7,260 |
| Adjustments for :- | | |
| Depreciation and amortisation of non-current assets | 1,410 | 1,480 |
| Fair value gain on financial asset carried at fair value through profit or loss | (1,719) | (1,625) |
| Gain on disposal of property, plant and equipment | 1 | - |
| Interest income | (49) | (230) |
| Unrealised loss on foreign exchange | (17) | 243 |
| Tax expense recognised in profit or loss | 1,613 | 1,807 |
| Operating profit before changes in working capital | 6,895 | 8,935 |
| Changes in Working Capital :- | | |
| Net Change in inventories : (Increase) | (1,620) | (1,747) |
| Net Change in other current assets : (Increase) / Decrease | (1,213) | 1,616 |
| Net Change in current liabilities : (Decrease) | (2,308) | (4,663) |
| Cash generated from operation | 1,754 | 4,141 |
| Income taxes paid | (1,788) | (2,750) |
| Income taxes refund | - | - |
| Net cash (used in)/generated from operation | (34) | 1,391 |
| CASH FLOWS FROM INVESTING ACTIVITIES :- | | |
| Decrease in term deposits | - | 1,450 |
| Decrease/(Increase) in other financial asset | 6,499 | (2,219) |
| Interest received | 49 | 230 |
| Purchase of property, plant and equipment | (8,155) | (1,327) |
| Proceeds from disposal of property, plant and equipment | 2 | - |
| Net cash used in investing activities | (1,605) | (1,866) |
| CASH FLOWS FROM FINANCING ACTIVITIES :- | | |
| Purchase of treasury shares | (3,072) | (488) |
| Net cash used in financing activities | (3,072) | (488) |
| Net change in cash & cash equivalents | (4,711) | (963) |
| Cash & cash equivalents at beginning of period | 15,561 | 28,966 |
| Effects of foreign exchange rate changes | (30) | (193) |
| Cash & cash equivalents at end of period | 10,820 | 27,810 |
| Cash and cash equivalents comprise the following: | | |
| Term deposits with licensed bank | 1,302 | 2,642 |
| Cash and bank balances | 10,820 | 26,610 |
| | 12,122 | 29,252 |
| Less : Term deposit held as security | (2) | (142) |
| Less : Deposits not recognised as cash and cash equivalent | (1,300) | (1,300) |
| | 10,820 | 27,810 |

The Condensed Consolidated Statement of Cash Flows should be read in conjunction

with the Audited Financial Statements of the Group for the year ended December 31, 2025.


SUPERCOMET TECHNOLOGIES BERHAD

(Company No.: 199001005958 (197527-H))

(Incorporated in Malaysia)

UNAUDITED INTERIM FINANCIAL REPORT FOR THE PERIOD ENDED MARCH 31,2026
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

(Unaudited)
<--- Attributable to equity holders of the parent ---> Non - Controlling Interest Total Equity
Share Capital Treasury Share Other Reserve Retained Earnings Total
Current Year's 3 months ended 31.03.2026 RM '000 RM '000 RM '000 RM '000 RM '000 RM '000 RM '000
Balance as of January 1, 2026 314,700 (3,664) 865 112,723 424,624 11 424,635
Total comprehensive income for the period - - - 5,664 5,664 (8) 5,656
Purchase of treasury shares - (3,072) - - (3,072) - (3,072)
Balance as of March 31, 2026 314,700 (6,736) 865 118,387 427,216 3 427,219
Preceding Year's 3 months ended 31.03.2025
Balance as of January 1, 2025 314,700 (574) - 106,517 420,643 - 420,643
Total comprehensive income for the period - - - 7,260 7,260 - 7,260
Purchase of treasury shares - (488) - - (488) - (488)
Balance as of March 31, 2025 314,700 (1,062) - 113,777 427,415 - 427,415

The Condensed Consolidated Statement of Changes in Equity should be read in conjunction with the Audited Financial Statements of the Group for the year ended December 31, 2025.


SUPERCOMNET TECHNOLOGIES BERHAD
( Company No.: 199001005958 (197527-H) )
( Incorporated in Malaysia )

QUARTERLY REPORT FOR THE FINANCIAL PERIOD ENDED MARCH 31, 2026

NOTES TO THE UNAUDITED INTERIM FINANCIAL REPORT

  1. Basis Of Preparation
    This interim financial report is unaudited and has been prepared in accordance with the requirements of Chapter 9, Continuing Disclosure, Paragraph 9.22 of the Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") for the Main Market ("MMLR") and in compliance with Malaysian Financial Reporting Standards ("MFRSs") 134, Interim Financial Reporting issued by Malaysian Accounting Standards Board (MASB) and should be read in conjunction with the Group's annual audited financial statements for the financial year ended December 31, 2025.

The explanatory notes attached to the interim financial report provide an explanation of events and transactions that are significant to an understanding of the changes in the financial position and performance of the Group since the financial year ended December 31, 2025.

New MFRS adopted during the financial year
The Group and the Company adopted the following Standards of the MFRS Framework that are issued by the Malaysian Accounting Standards Board (MASB) during the financial year.

Title Effective Date
Amendments to MFRS 7 and MFRS 9 “ Classification and Measurement of Financial Instruments ” January 1, 2026
Amendments to MFRS 7 and MFRS 9 “ Contracts Referencing Nature-dependent Electricity ” January 1, 2026
MFRS "Annual Improvements to MFRS Standards - Volume 11" January 1, 2026

The adoption of the above amendment had no significant impact on the Group's financial performance or position

  1. Audit Report of Preceding Annual Financial Statements
    The auditors' report on the preceding annual financial statements was not subject to any qualification.

  2. Seasonal or Cyclical Factors
    The business operations of the Group were not materially affected by any seasonal or cyclical factors.

  3. Unusual Material Event
    There was no unusual material event during the quarter.

  4. Material Changes In Estimates
    There were no changes in estimates which materially affect the current interim period.

  5. Changes in Debt and Equity Securities
    There were no issuance, cancellations, repurchases, resale and repayments of debt and equity securities during the quarter under review except for the repurchased 5,555,500 ordinary shares from open market at an average price of RM0.55, the total consideration paid including transaction costs was RM3,072,115.

As at March 31, 2026, of the total 860,601,538 issued and fully paid ordinary shares, 9,880,000 ordinary shares are held as treasury shares by the Company.

  1. Dividends Paid
    No dividend has been paid in the current quarter under review.

  2. Segmental Reporting
    The Group's principal activities include investment holding, manufacturing and assembly of medical cables and devices, automotive fuel tanks, wires and cable for electrical appliances, consumer electronics and automotive markets.

For the quarter under review, the medical segment continues to be key contributor for the Group with a revenue contribution of 91% as compared to 81% in the last corresponding period.

Meanwhile, the industrial segment has lower revenue contribution at 7%, compared to 18% in the last corresponding period.

Revenue contribution for the automotive segment stood at 1%, consistent with the last corresponding period.

Revenue contribution from the investment holding segment was 1%, with no comparative figure in the last corresponding period.

  1. Valuations of Property, Plant and Equipment
    Not applicable as the Group did not revalue its property, plant and equipment during the current financial period.

  2. Material Subsequent Events
    There were no material subsequent events following the financial period under review


SUPERCOMNET TECHNOLOGIES BERHAD
( Company No.: 199001005958 (197527-H) )
( Incorporated in Malaysia )

QUARTERLY REPORT FOR THE FINANCIAL PERIOD ENDED MARCH 31, 2026

NOTES TO THE UNAUDITED INTERIM FINANCIAL REPORT

  1. Significant Event
    There is no significant event during the financial period under review.

  2. Changes in the Composition of The Group
    The Group had three subsidiaries at the reporting date.

  3. Contingent Liabilities and Contingent Assets
    There was no contingent liabilities / assets during the financial period under review.

  4. Capital Commitments
    As of March 31,2026 , the Group has the following commitments in respect of capital expenditure on acquisition of property, plant and equipment

Contracted and not provided for:
Property, plant and equipment
827

  1. Review of Performance
Individual Quarter Ended Cumulative Quarter Ended
31.03.2026 31.03.2025 Variance 31.03.2026 31.03.2025 Variance
RM '000 RM '000 % RM '000 RM '000 %
Revenue 29,581 34,044 (13.11) 29,581 34,044 (13.11)
Operating Profit 7,269 9,066 (19.82) 7,269 9,066 (19.82)
Profit before Interest and Tax 7,269 9,066 (19.82) 7,269 9,066 (19.82)
Profit before Tax 7,269 9,066 (19.82) 7,269 9,066 (19.82)
Profit After Tax 5,656 7,260 (22.09) 5,656 7,260 (22.09)
Profit Attributable to Ordinary Equity Holders of the Parent 5,664 7,260 (21.98) 5,664 7,260 (21.98)

For the quarter under review, the Group recorded a decrease in revenue of RM4.463 million (or 13.11%) from RM34.044 million (Q1/25) to RM29.581 million (Q1/26). The decrease was primarily impacted by lower orders from the industrial segment. Profit after tax for the group decreased by RM1.604 million (or 22.09%) from RM7.260 million (Q1/25) to RM5.656 million (Q1/26). The decrease was mainly attributable to the lower revenue as mentioned above, unfavourable foreign exchange movements, and lower capacity utilisation arising from the Chinese New Year and Hari Raya festive holidays falling within the quarter under review.

  1. Comparison with Immediate Preceding Quarter's Result
Current Immediate
Quarter Preceding
Ended Quarter Ended
31.03.2026 31.12.2025 Variance
RM '000 RM '000 %
Revenue 29,581 32,336 (8.52)
Operating Profit 7,269 4,882 48.89
Profit Before Interest and Tax 7,269 4,882 48.89
Profit Before Tax 7,269 4,882 48.89
Profit After Tax 5,656 2,890 95.71
Profit Attributable to Ordinary Equity Holders of the Parent 5,664 2,930 93.31

Compared to the immediate preceding quarter, the Group revenue declined by RM2.755 million (or 8.52%) from RM32.336 million (Q4/25) to RM29.581 million (Q1/26). The decline was primarily attributable to lower capacity utilisation. Profit after tax increased by RM2.766 million (or 95.71%) from RM2.890 million (Q4/25) to RM5.656 million (Q1/26) mainly due to more stable foreign exchange movements during the current quarter, as well as a one-off impairment of approximately RM2 million recorded under the automotive segment in the immediate preceding quarter.

  1. Prospects
    We remain optimistic with the Group's mid to long term prospects and will continue to work closely with existing and new customers on product development.

Thus, barring any unforeseen circumstances, the Group expects the performance for the current financial year to be satisfactory.

  1. Profit Forecast or Guarantee
    The Group has not given any profit forecast nor guarantee in respect of any corporate proposals.

SUPERCOMNET TECHNOLOGIES BERHAD
( Company No.: 199001005958 (197527-H) )
( Incorporated in Malaysia )

QUARTERLY REPORT FOR THE FINANCIAL PERIOD ENDED MARCH 31, 2026

NOTES TO THE UNAUDITED INTERIM FINANCIAL REPORT

  1. Taxation
    Taxation comprises the following :-
Individual Quarter Ended Cumulative Quarter Ended
31.03.2026 RM * 000 31.03.2025 RM * 000 31.03.2026 RM * 000 31.03.2025 RM * 000
Current tax:
Income tax expense in respect of current year (1,761) (1,954) (1,761) (1,954)
Deferred tax 148 148 148 148
(1,613) (1,806) (1,613) (1,806)
  1. Corporate Proposals
    There was no corporate proposal announced but not completed as at the date of this quarterly report.

  2. Borrowings and Debts Securities
    There was no Group borrowings and Debts Securities at the end of the reporting period.

  3. Changes in Material Litigation
    There was no material litigation pending on the date of this announcement.

  4. Dividend
    The Directors proposed a final single tier dividend of 1.0 sen per ordinary shares in respect of the financial year ended December 31, 2025. This dividend has not been included as a liabilities in the financial statements and is subject to approval by the shareholders at the forthcoming Annual General Meeting of the Company.

  5. Earnings Per Share (EPS)
    Basic EPS

Individual Quarter Ended Cumulative Quarter Ended
31.03.2026 31.03.2025 31.03.2026 31.03.2025
Profit attributable to shareholders (RM '000) 5,664 7,260 5,664 7,260
Weighted average number of ordinary shares ('000) 851,918 859,761 851,918 859,761
Basic EPS (sen) 0.66 0.84 0.66 0.84

Diluted EPS is equivalent to the basic EPS as there were no potential dilutive securities in issue during the financial period under review.

  1. Profit for the Period
Individual Quarter Ended Cumulative Quarter 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 is arrived at after crediting / (charging) :
Depreciation and amortisation (1,410) (1,480) (1,410) (1,480)
Gain on disposal of property, plant and equipment (1) - (1) -
Interest income 49 230 49 230
Rental income 8 7 8 7
Unrealised gain/(loss) on foreign exchange 17 (243) 17 (243)
Realised (loss)/gain on foreign exchange (313) 208 (313) 208

Save as disclosed above, the other items as required under Appendix 9B, Part A (16) of the Bursa Securities Main Market Listing Requirements are not applicable.

  1. Authorisation for issue
    The interim financial statements were authorized for issue by the Board of Directors in accordance with a resolution of the directors on May 21,2026.