KUALA LUMPUR: AME Elite Consortium, which saw its net profit more than double in the fourth quarter ended March 2026 (4Q26), has declared a second interim single-tier dividend of 4.0 sen and a special dividend of 3.0 sen per share.
In a statement, the integrated industrial space solutions provider said the ex-date has been set for June 18, with payment scheduled for July 3.
Including earlier payouts, the total dividend for FY26 amounts to 13.0 sen per share, more than double the 6.0 sen paid in the previous year.
In 4Q26, AME Elite’s net profit more than doubled to RM81.1mil, or earnings per share of 12.75 sen compared with RM36.5mil, 5.72 sen a year earlier, while revenue rose 61.6% to RM186.8mil from RM115.6mil.
The stronger quarterly performance was driven by operational growth across all business segments, alongside fair value gains on investment properties.
For FY26, AME Elite posted a net profit of RM284mil, more than tripling from RM92.1mil a year earlier.
“The record performance was primarily driven by robust industrial property demand and strategic land sale, further boosted by RM65.9mil in fair value gains net of tax and non-controlling interest, reflecting strong appreciation of the group’s investment properties,” it said.
Correspondingly, FY26 revenue rose 59.4% to RM970mil from RM608.6mil in the previous financial year.
“Moving into FY27, we remain focused on sustaining our growth momentum, driven by our Johor industrial parks, progressive development of Northern TechValley @ BKE in Penang, and the upcoming i-Park @ Coalfields in Selangor with a GDV of RM1.3bil,” executive director and group CEO Dylan Tan Teck Eng said.
He added that the group’s construction and engineering division continued to strengthen its growth prospects, supported by a healthy external construction order book of RM557.5mil, while also underpinning its internal industrial park developments.
Tan said the newly completed workers’ dormitory in i-TechValley has expanded the group’s portfolio to more than 9,000 beds, providing a stable and recurring income base.
In FY26, AME Elite’s property development segment revenue grew 162.8% from RM240.4mil to RM631.6mil, driven by strong development work progress and land sales to data centre.
Its property investment and management division saw recurring revenue rise 10.0% to RM80.7mil, supported by new industrial leases and stable rental income from its workers’ dormitories.
Meanwhile, revenue from external construction and engineering customers stood at a combined RM257.6mil versus RM294.8mil a year ago, in line with the progress of ongoing projects.
