PETALING JAYA: EG Industries Bhd
, an advanced electronics manufacturing and technology solutions provider, posted a 31% year-on-year (y-o-y) jump in revenue to RM1.43bil for the financial year ended June 30 while core profit surged 24.4% to RM102.4mil.
In a release the company noted the improved financial performance reflected its strategic pivot towards higher-margin products such as 800G Optical Modules, wireless broadband solutions, and network switches, supported by improved production yields and tighter cost management.
For the fourth quarter (4QFY26), revenue soared to RM402.1mil, up 283.4% y-o-y, with core profit rising to RM30.4mil.
CEO Datuk Alex Kang Pang Kiang noted that EG Industries is entering “an even more exciting phase of growth,” driven by global investments in artificial intelligence (AI), hyperscale data centres (DCs), and next-generation networking infrastructure.
The Group’s US$241.6mil purchase order for 800G Optical Modules and wireless broadband products provides strong earnings visibility, while a US$100mil Letter of Intent for high performance open network switches opens another growth avenue.
Operationally, EG Industries is expanding its Batu Kawan facility to support production of 800G and next-generation 1.6T Optical Modules, positioning itself to capture accelerating demand from AI and DC applications.
The Group also advanced its regional expansion in Thailand, with a new Prachinburi facility under development to serve energy devices, EV components and telecommunications DCs.
EG Industries increased its stake in N.D. Rubber Public Co Ltd to 41.6% (in Thailand) and acquired Jyoto Works (M) Sdn Bhd to further strengthen vertical integration, enabling it to provide end-to-end photonics manufacturing solutions.
Looking ahead to FY27, management remains cautiously optimistic. EG Industries expects continued momentum from secured orders, ramp-up of 800G production, and opportunities in 1.6T Optical Modules and network switching solutions. With enhanced automation, yield improvements, and expanded capacity in Malaysia and Thailand, EG Industries is well-positioned to sustain revenue and earnings growth. “Our priorities are clear – ramp up our higher-value technology businesses, continue improving yields and margins, deepen our upstream capabilities and convert our expanding order pipeline into the next phase of sustainable revenue and earnings growth,” Kang added.
