MPI’s 3Q profit slips, declares higher 30 sen dividend


RHB Research maintained its earnings estimates.

KUALA LUMPUR: Malaysian Pacific Industries Bhd (MPI) expects to benefit from ongoing global semiconductor growth.

“The group will continue its strategy to capture higher-margin business segments, particularly in AI servers and sensors.

“With the addition of the recently acquired factory in Bangkok, the group is now able to expand to new sectors with its technology. Management continues to mitigate rising production costs that are affecting the global economy due to geopolitical tensions,” the semiconductor group said in a filing with Bursa Malaysia.

In the third quarter ended March 31 (3Q26), MPI’s net profit fell to RM33.7mil, or earnings per share of 16.93 compared with RM40.1mil, or 20.12 sen in the year-ago quarter. The lower profit was mainly due to higher operating expenses.

Quarterly revenue rose 25.3% to RM651.6mil against RM519.9mil previously.

For the nine months to March 31, it posted a 30.4% higher net profit of RM143.8mil while revenue rose 22.1% to RM1.91bil.

MPI has declared a second interim single-tier dividend of 30 sen per share for 3Q26, up from 25 sen a year earlier, payable on June 9, 2026 to shareholders on record as at May 20, 2026.

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