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 announced strong financial results for the quarter ended 31 December 2025 (Q2 FY2026). The Group recorded revenue of RM102.79 million, an increase of 28.4% compared with RM80.05 million in the preceding quarter. The growth in revenue was mainly driven by accelerated construction activities and higher progress billings from ongoing utility-scale solar projects. Profit Before Tax for Q2 FY2026 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. Profit After Tax increased by 90.5% to RM9.03 million, compared with RM4.74 million in the previous quarter, underscoring the Company’s ability to convert higher revenue into stronger bottom-line growth.
Datuk Ir. Chow Pui Hee, Group Managing Director of Samaiden, said the quarter’s performance reflected stronger on-site execution and steady progress across key projects. Higher construction activities supported increased revenue recognition, while contributions from projects with healthier margins lifted overall profitability. Despite recent increases in solar panel prices, the impact on the Company remained minimal due to early procurement planning, strategic sourcing, and disciplined cost management, ensuring that projects remain on track. He emphasized that Samaiden continues to focus on operational discipline while executing its expanding pipeline of renewable energy projects.
Malaysia’s renewable energy sector continues to offer strong growth opportunities, supported by policy developments 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 followed 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 solid foundation for revenue recognition in the coming financial periods. Supported by a healthy pipeline across 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.
