KUALA LUMPUR: Saliran Group Bhd said it will prioritise cost discipline, operational efficiency and prudent inventory management, alongside selective expansion, to bolster earnings resilience as it executes its post-IPO growth roadmap.
“The group remains mindful of global macroeconomic uncertainties, including geopolitical tensions, trade policy risks and foreign exchange volatility.
“However, Malaysia’s GDP growth of 4.4% in the first half of 2025 and projected full-year growth within the 4.0%–4.8% range provide a supportive domestic backdrop,” the steel pipes supplier said in a statement.
In the fourth quarter ended Dec 31, Saliran’s net profit eased to RM1.5mil, or earnings per share of 0.39 sen, bringing its full-year net profit to RM10.2mil, or 2.79 sen.
Quarterly revenue surged 45.6% to RM139.1mil, lifting full-year revenue 41.1% higher to RM486mil.
As at Dec 31, 2025, the group’s total equity increased to RM73.67mil, up from RM43.44mil a year earlier, supported by IPO proceeds and retained earnings growth.
Its net assets per share strengthened to RM0.19, compared to RM0.14 previously.
As part of its IPO utilisation plan, RM14.38mil of the RM21.71mil gross proceeds have been utilised as at Dec 31, primarily for working capital, partial repayment of bank borrowings, machinery acquisition and initial steps towards establishing a sales office in Indonesia.
Executive chairman Liaw Choon Wei said FY25 marked a significant milestone as Saliran’s first year post-listing, adding that despite margin pressures in the final quarter, the group delivered steady revenue growth and remained profitable amid a dynamic operating environment.
“Our strong domestic presence, disciplined working capital management and strengthened balance sheet position us well to navigate macroeconomic uncertainties while capturing opportunities arising from infrastructure, industrial and energy-related projects.”
