KUALA LUMPUR: Sedania Innovator Bhd
narrowed its net loss in the first quarter of financial year 2026 (FY26) and is optimistic of sustaining a positive growth trajectory over the remainder of the year.
“We started the quarter strong, with year-on-year (y-o-y) growth recorded across both our sustainable brands and consumer technology segments.
"This reflects the strength of our diversified portfolio and the impact of enhanced cost discipline and operational improvements," said managing director Datuk Azrin Mohd Noor in a statement announcing the group's result.
In the first quarter ended Sept 30, 2025, Sedania said its net loss contracted to RM9,000 from RM685,000 in the year ago quarter.
The group's quarterly revenue increased to RM22.44mil from RM15.88mil in the previous corresponding quarter.
The sustainable brands segment, which includes Offspring and Tanamera, recorded a 40% y-o-y increase in revenue to RM18.79mil, underpinned by a strong domestic performance, expanding international demand and strengthened digital and retail channels.
The sustainable consumer technology segment registered a 42% y-o-y leap in revenue to RM3.39mil, with the fintech division contributing RM3.1mil following higher adoption of As-Sidq and its GoHalal Financing Programme.
