Fibon Berhad Posts Strong FY2026 Results: Revenue and Profit Surge
Key Highlights
- Revenue for FY2026 up 28% to RM28.16 million, driven primarily by higher manufacturing sales.
- Profit After Tax (PAT) up 69% year-on-year to RM7.49 million, reflecting significant operational improvements.
- Net assets per share increased to RM0.73 from RM0.66.
- Strong cash position with RM32.57 million in cash and cash equivalents at year-end.
- No borrowings; the company remains debt-free.
Detailed Financial Review
Statement of Financial Position
- Total assets rose to RM75.62 million (from RM68.31 million), reflecting growth across non-current and current assets.
- Key increases include:
- Property, plant and equipment: RM1.53 million (up RM0.21 million)
- Land development expenditure: RM5.82 million (up RM1.53 million)
- Inventories: RM1.66 million (up from RM0.94 million)
- Trade receivables: RM6.69 million (up from RM5.28 million)
- Cash and bank balances: RM21.74 million (up from RM6.70 million)
- Total equity attributable to shareholders surged to RM71.25 million (from RM64.75 million).
- Total liabilities increased to RM4.37 million (from RM3.56 million), mainly due to higher trade and other payables.
Statement of Profit or Loss and Other Comprehensive Income
- Revenue for the fourth quarter was RM8.55 million (up 53% YoY), and for the full year RM28.16 million (up 28%).
- Gross profit margin remained robust, with gross profit at RM19.15 million for FY2026 (up 31%).
- Profit before tax for FY2026 was RM9.99 million (up 60%), and profit after tax was RM7.49 million (up 69%).
- Fourth quarter net profit rose to RM3.62 million (up 102% YoY).
- Basic earnings per share increased to 7.67 sen (from 4.53 sen).
Cash Flows and Dividend
- Net cash from operating activities increased to RM7.04 million (from RM3.14 million).
- Net cash used in investing activities was RM0.92 million, mainly due to additions to land, building, plant and equipment.
- Dividend of 1.10 sen per share (RM1.08 million) paid on 29 December 2025.
- No dividend declared for the fourth quarter ended 31 May 2026.
Segmental Performance
- Main revenue contributor: Manufacturing and trading of electrical insulators, enclosures, switchboards and meter boards.
- Investment holding and financing income remain minor contributors.
Other Corporate Developments
- No material litigation, borrowings, or derivatives reported.
- No changes in group composition or contingent liabilities.
- No material events subsequent to the reporting period.
- Business not materially affected by seasonal factors.
Price Sensitive & Shareholder-Relevant Information
- Significant improvement in both revenue and net profit is likely to be share price positive, reflecting robust business recovery and effective cost controls.
- Strong cash position and zero borrowings reduce financial risk and provide flexibility for future growth or dividends.
- Dividend continuity shown, but no dividend declared for the latest quarter—investors may watch for future payout announcements.
- No adverse items, restructuring provisions, or material legal actions noted.
- Management commentary points to continued focus on core businesses and prudent financial management despite global economic challenges.
- Company did not issue any profit forecast or estimate, hence results may have exceeded market expectations.
Prospects
Despite a challenging global macroeconomic environment—highlighted by rising crude oil prices, supply chain disruptions, and unemployment—the Board remains cautiously optimistic. The Group intends to strengthen its core business segments and maintain a healthy cash flow position to face ongoing economic uncertainties.
Disclaimer
This article is based on publicly disclosed financial statements and does not constitute investment advice. Investors should consult their own financial advisors before making any investment decisions. The company’s prospects are subject to market risks and uncertainties.
Versi Bahasa Malaysia
Fibon Berhad Catat Keputusan Kewangan Kukuh FY2026: Pendapatan & Keuntungan Melonjak
Poin Utama
- Pendapatan FY2026 meningkat 28% kepada RM28.16 juta, didorong terutamanya oleh jualan pembuatan yang tinggi.
- Keuntungan Selepas Cukai (PAT) melonjak 69% tahun ke tahun kepada RM7.49 juta, mencerminkan penambahbaikan operasi yang ketara.
- Aset bersih sesaham naik kepada RM0.73 daripada RM0.66.
- Kedudukan tunai kukuh dengan RM32.57 juta dalam tunai & setara tunai pada akhir tahun.
- Tiada pinjaman; syarikat bebas hutang.
Ulasan Kewangan Terperinci
Kedudukan Kewangan
- Jumlah aset naik ke RM75.62 juta (daripada RM68.31 juta), mencerminkan pertumbuhan dalam aset bukan semasa dan semasa.
- Peningkatan utama termasuk:
- Hartanah, loji dan peralatan: RM1.53 juta (naik RM0.21 juta)
- Perbelanjaan pembangunan tanah: RM5.82 juta (naik RM1.53 juta)
- Inventori: RM1.66 juta (naik daripada RM0.94 juta)
- Penerimaan perdagangan: RM6.69 juta (naik daripada RM5.28 juta)
- Tunai dan baki bank: RM21.74 juta (naik daripada RM6.70 juta)
- Ekuiti pemegang saham meningkat ke RM71.25 juta (daripada RM64.75 juta).
- Jumlah liabiliti naik ke RM4.37 juta (daripada RM3.56 juta).
Penyata Untung Rugi & Pendapatan Komprehensif Lain
- Pendapatan suku keempat RM8.55 juta (naik 53% YoY), dan sepanjang tahun RM28.16 juta (naik 28%).
- Margin untung kasar kekal kukuh, dengan untung kasar RM19.15 juta untuk FY2026 (naik 31%).
- Untung sebelum cukai FY2026 RM9.99 juta (naik 60%), untung selepas cukai RM7.49 juta (naik 69%).
- Keuntungan bersih suku keempat RM3.62 juta (naik 102% YoY).
- Pendapatan sesaham asas meningkat ke 7.67 sen (daripada 4.53 sen).
Aliran Tunai & Dividen
- Aliran tunai operasi bersih meningkat ke RM7.04 juta (daripada RM3.14 juta).
- Aliran tunai pelaburan negatif RM0.92 juta, terutamanya untuk perolehan aset kekal dan tanah.
- Dividen 1.10 sen sesaham (RM1.08 juta) telah dibayar pada 29 Disember 2025.
- Tiada dividen diumumkan untuk suku keempat berakhir 31 Mei 2026.
Prestasi Segmen
- Penyumbang utama pendapatan: Pembuatan & perdagangan penebat elektrik, penutup, papan suis & papan meter.
- Pelaburan dan pendapatan pembiayaan kekal kecil.
Perkembangan Korporat Lain
- Tiada litigasi material, pinjaman, atau derivatif dilaporkan.
- Tiada perubahan dalam komposisi kumpulan atau liabiliti bersyarat.
- Tiada peristiwa material selepas tempoh pelaporan.
- Perniagaan tidak terjejas oleh faktor bermusim.
Maklumat Penting untuk Pemegang Saham & Berpotensi Menggerakkan Harga Saham
- Peningkatan ketara dalam pendapatan dan keuntungan boleh memberi kesan positif kepada harga saham, mencerminkan pemulihan perniagaan yang kukuh dan kawalan kos yang berkesan.
- Kedudukan tunai yang kukuh dan sifar hutang mengurangkan risiko kewangan dan memberi fleksibiliti untuk pertumbuhan atau dividen masa hadapan.
- Dividen diteruskan, tetapi tiada pengumuman dividen untuk suku terbaru—pelabur boleh menanti pengumuman akan datang.
- Tiada perkara buruk, peruntukan penstrukturan, atau tindakan undang-undang material dicatatkan.
- Komen pengurusan menekankan tumpuan pada perniagaan teras dan pengurusan kewangan berhemah walaupun berdepan cabaran ekonomi global.
- Syarikat tidak mengeluarkan ramalan atau anggaran keuntungan, justeru keputusan mungkin melebihi jangkaan pasaran.
Prospek
Walaupun persekitaran makroekonomi global mencabar—dengan harga minyak mentah meningkat, gangguan rantaian bekalan, dan pengangguran—Lembaga Pengarah kekal optimis. Kumpulan akan terus memperkukuh segmen perniagaan teras dan mengekalkan kedudukan aliran tunai yang sihat untuk menghadapi ketidaktentuan ekonomi.
Penafian
Artikel ini berdasarkan penyata kewangan yang didedahkan secara umum dan bukan nasihat pelaburan. Pelabur dinasihatkan mendapatkan nasihat kewangan sendiri sebelum membuat sebarang keputusan pelaburan. Prospek syarikat tertakluk kepada risiko dan ketidaktentuan pasaran.
