PETALING JAYA: Sam Engineering and Equipment
(M) Bhd has posted lower topline and bottomline numbers for its fourth quarter ended March 31, 2026 (4QFY26).
Revenue for the quarter came in at RM348mil compared to RM370mil for the same quarter a year ago.
Earnings fell quite sharply to RM5.25mil for the quarter under review, versus RM25.58mil profit in 4QFY25.
In a filing to Bursa Malaysia, the subsidiary of Singapore Aerospace Manufacturing Pte Ltd (SAM) said the decrease in revenue was mainly due to lower contribution from the aerospace and equipment services of RM13.7mil and RM8.3mil, respectively.
“The decline in the aerospace segment was mainly attributable to lower sales of casing products and unfavourable foreign exchange translation arising from the weakening of the US dollar,” the group said.
That was partially offset by higher demand from its semiconductor customers.
For the financial year ended March 31, the group declared an interim single-tier dividend of 1.4 sen per ordinary share which will be paid on Aug 12, 2026.
Moving forward, the group noted the Middle East war had resulted in a sharp contraction of passenger traffic in March, thus causing near-term uncertainty in global air travel.
Sam Engineering and Equipment, however, has not observed any direct impact on its aerospace customers’ demand and will continue to monitor the situation.
As for its equipment segment, growth remains anchored by strong front-end wafer fabrication investments, particularly in 300mm fabs, alongside increasing spending in advanced packaging and test segments to support rising device complexity and AI-related demand.
“While geopolitical conflicts and global trade uncertainties persist, we continue to view the long-term outlook for the aerospace and semiconductor sectors positively, supported by ongoing investment momentum and demand trends in both industries,” its filing noted.
