by DayakDaily Team
KUCHING, Nov 25: Cahya Mata Sarawak Bhd (Cahya Mata) posted a stronger showing in the third quarter of the financial year 2025 (3QFY25), recording a net profit of RM32.12 million as higher revenue drove improved quarterly performance.
According to its announcement on Bursa Malaysia, Cahya Mata recorded a net profit of RM32.12 million for 3QFY25, a vast improvement from the net loss of RM9.217 million recorded in 3QFY24, while its revenue rose to RM305.37 million from RM299.91 million recorded in 3QFY24.
The group reported a profit before tax (PBT) of RM48.1 million for 3QFY25, 306 per cent higher compared to the corresponding quarter in the previous year, marking a notable recovery from the Loss Before Tax (LBT) of RM23.4 million in 3QFY24.
“This was achieved on the back of increased revenue, significant improvement in gross margin from operations as well as smaller unrealised foreign exchange loss on the revaluation of shareholders’ loan recorded in Phosphates Strategic Business Unit (SBU) compared with 3QFY24,” it said in a press statement.
The group’s higher profits from its Cement, Roads Maintenance and Property Development SBUs, as well as share of results of joint ventures during the quarter under review, were key contributors to the overall improvement in net profit.
In the Cement SBU, profit before tax increased by 24 per cent to RM46.8 million in 3QFY25, predominantly due to the improved gross profit attributable to lower imported clinker prices and improved efficiencies.
On the Road Maintenance front, overall PBT increased by 107 per cent to RM7.1 million in 3QFY25, driven by higher ongoing orders and work completions achieved for Instructed
Works.
The Property Development SBU reported higher sales and overall PBT in 3QFY25, up by 364 per cent and 409 per cent respectively, driven by revenue and margin recognition from construction contracts on the BCCK 2 development coupled with the sales of properties.
For the quarter under review, the Oiltools SBU reported lower revenue and PBT by RM31.2 million and RM7.2 million respectively compared to the same quarter last year, primarily driven by reduced rig activities across most markets.
The stronger performance in this quarter was also contributed by the lower unrealised foreign exchange loss in 3QFY25 due to the reduced weakening of the USD against MYR compared with 3QFY24.
The Group’s normalised PBT for 3QFY25 stands at RM49.1 million, representing a 17 per cent increase compared to the normalised PBT of RM42.0 million in 3QFY24, after excluding the unrealised foreign exchange impact on financing activities.
For the cumulative nine months ended September 30, 2025, revenue remained steady at RM798.4 million, while profit before tax stood at RM69.1 million. As at September 30, 2025, Net Assets per share stands at RM3.16, with a healthy gearing ratio of 0.07.
According to the group, “The recent weakening of USD against MYR is expected to benefit our supply chain costs.
“In addition, the activities for the Development of Borneo Convention Centre Kuching II at a contract value of RM550 million has commenced during the financial period. The project is expected to contribute positively to earnings in the coming period.
“Meanwhile, the reconnection of electricity supply to Cahya Mata Phosphates Industries’ plant enables the resumption of testing and commissioning activities in 4Q25.
“Construction of Mambong Clinker Line 2 of Cahya Mata Cement Sdn Bhd is progressing
satisfactorily.” – DayakDaily
