KUALA LUMPUR: Sedania Innovator Bhd
's sustainable consumer technology segment drove earnings in the third quarter of its financial year, returning the group to profitability amid increased adoption of its flagship shariah-compliant digital financing solutions.
In a filing with Bursa Malaysia, the group said net profit in 3QFY26 leapt to RM966,000 from RM135,000 in the same quarter of 2025.
The group's profitability was higher despite a drop in quarterly revene to RM19.47mil from RM22.57mil in the year-ago quarter.
For the nine-month period, Sedania recorded a net profit of RM838,000 against a net loss of RM910,000 in the previous corresponding quarter. Revenue was higher at RM63.63mil in 9MFY26 as compared to RM60.23mil in the comparative period.
In a press statement, the group said demand for its consumer technology was driven not only by direct consumers and businesses, but increasingly by digital financial service providers — including banks, non-bank financial institutions, and digital platform operators.
The segment recorded a 67% year-on-year (y-o-y) increase in revenue to RM5.17mil in 3QFY26, while operating profit more than doubled to RM2.4mil. Over the nine-month period, the segment recorded a 35% y-o-y jump in revenue to RM11.92mil, with operating profit rising to RM4.57mil.
"What we are seeing with As-Sidq and GoHalal is not a short-term spike — it is a structural shift.
"Malaysians, and the institutions that serve them, are actively seeking financing solutions that are values-aligned, digitally accessible, and built for the underserved. We have built exactly that, and the market is responding," said Sedania managing director and founder Datuk Azrin Mohd Noor.
“This quarter validates years of patient investment in our technology platform. We are now at an inflection point where the recurring nature of our fintech revenues, combined with strong margin and a growing network of institutional partners, makes consumer technology a genuinely transformative business within the group.”
Sedania expects its sustainable consumer technology segment to remain a key contributor to future growth, supported by increasing demand for digital financing solutions and recurring revenue opportunities.
At the same time, the group said it remains committed to strengthening its consumer wellness brands through continued investments in brand-building, innovation, and customer engagement initiatives.
