Seni Jaya 2Q net profit at RM5.4mil, declares maiden dividend


KUALA LUMPUR: Seni Jaya Corp Bhd said the group will continue to pursue expansion as part of its long-term growth strategy, leveraging its existing network strength while developing high-value billboard sites and upgrading static billboards to digital formats.

The out-of-home (OOH) media specialist said these initiatives aim to enhance asset quality and portfolio resilience, drive topline and bottomline growth, and future-proof the group against evolving advertiser demands.

“As we progress through FY2026, we remain focused on strengthening our market position through portfolio expansion and integration.

“The acquisitions of Unilink Group, Vision OOH and Ganad Media will further enhance our nationwide footprint, broaden our premium inventory and unlock operational synergies, positioning Seni Jaya for sustainable long-term growth,” chief executive officer Jeff Cheah See Heong said in a statement.

In the second quarter ended Dec 31, 2025 (2Q25), Seni Jaya posted a 17.4% decline in net profit to RM5.44mil, or earnings per share of 2.55 sen, bringing its first-half profit to RM9.24mil, or 4.33 sen.

Quarterly revenue rose 19% to RM22.8mil, lifting revenue for the first six months 22% higher to RM44.8mil.

The group declared a first interim dividend of 1 sen per ordinary share, amounting to about RM2.1mil, for the financial year ending June 30, 2026. The dividend will be paid on March 19, 2026.

Cheah said the group’s 2Q26 results reflect continued operational momentum, particularly on a sequential basis, with strong quarter-on-quarter growth in profit before tax underscoring the resilience of its OOH platform and the benefits of higher asset utilisation as advertiser demand gradually improves.

“Importantly, the Group continues to generate solid cash flows while expanding its asset base. The declaration of our first interim dividend also reflects management’s confidence in the group’s strengthened foundations and our commitment to deliver sustainable returns to shareholders,” he added.

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