SAM Engineering earnings up


PETALING JAYA: Sam Engineering & Equipment (M) Bhd, which posted a 60% jump in net profit for the first quarter ended June 30 (1Q26), remains cautiously optimistic on the long-term outlook for its aerospace and semiconductor equipment segments.

In 1Q26, SAM Engineering recorded a net profit of RM16.2mil, up 60.3% from RM10.1mil a year earlier.

Earnings per share rose to 2.39 sen from 1.49 sen previously.

Quarterly revenue rose 10.8% to RM369.6mil compared with RM333.4mil a year prior.

SAM Engineering, which makes production equipment and aerospace products, said in July that Semiconductor Equipment and Materials International or SEMI projected global semiconductor equipment sales to hit a record US$125.5bil in 2025 on artificial intelligence-related investments and fab expansions.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Thong Bowl operator Thong World seeks ACE Market listing to fund expansion
Malaysia’s financial markets remain orderly amid global headwinds
Zetrix AI external auditor TGS resigns
HSS Engineers secures RM10.95mil treatment plant contract
Maybank completes RM2.5bil AT1 sukuk mudharabah issuance
Ayer Holdings proposes RM138mil acquisition of 9.11-acre land in Kuchai Lama
GUH receives final compensation payment for Suzhou land disposal
KKB Engineering bags RM462mil worth of contracts, orders
AWC secures RM13.1mil contracts in Gujarat
IHH says Fortis stake acquired via transparent, widely public competitive bidding

Others Also Read