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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
- 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
-
Audit Report of Preceding Annual Financial Statements
The auditors' report on the preceding annual financial statements was not subject to any qualification. -
Seasonal or Cyclical Factors
The business operations of the Group were not materially affected by any seasonal or cyclical factors. -
Unusual Material Event
There was no unusual material event during the quarter. -
Material Changes In Estimates
There were no changes in estimates which materially affect the current interim period. -
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.
-
Dividends Paid
No dividend has been paid in the current quarter under review. -
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.
-
Valuations of Property, Plant and Equipment
Not applicable as the Group did not revalue its property, plant and equipment during the current financial period. -
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
-
Significant Event
There is no significant event during the financial period under review. -
Changes in the Composition of The Group
The Group had three subsidiaries at the reporting date. -
Contingent Liabilities and Contingent Assets
There was no contingent liabilities / assets during the financial period under review. -
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
- 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.
- 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.
- 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.
- 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
- 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) |
-
Corporate Proposals
There was no corporate proposal announced but not completed as at the date of this quarterly report. -
Borrowings and Debts Securities
There was no Group borrowings and Debts Securities at the end of the reporting period. -
Changes in Material Litigation
There was no material litigation pending on the date of this announcement. -
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. -
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.
- 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.
- 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.