KUALA LUMPUR, Master Tec Group Bhd’s net profit for the second quarter (Q2) ended June 30, 2025, declined to RM6.92 million from RM8.70 million a year earlier.
Despite the profit drop, the company achieved a record quarterly revenue of RM104.82 million in Q2 2025, up 43.9% from RM72.84 million in the same period last year, reflecting strong growth across its core business segments.
The impressive revenue performance was mainly driven by the manufacturing segment, which accounted for RM91.04 million or 86.8% of total Q2 revenue. Copper-cored low-voltage (LV) power cables remained the top contributor with RM49.32 million in revenue, while aluminium-cored LV power cables rose significantly to RM39.68 million from RM22.86 million in the prior-year quarter.
For the first half of 2025, Master Tec posted revenue of RM175.06 million, marking a 25.1% increase from RM139.99 million in the same period last year. However, pre-tax profit slightly declined by 4.5% year-on-year to RM13.25 million, and net profit fell to RM11.47 million from RM13.69 million in 1H FY24.
CEO Tee Kok Hwa attributed the results to the company’s strategic focus on diversifying revenue streams and expanding capacity. “As we continue to grow, we remain committed to improving operational efficiency, enhancing product quality, and broadening our market reach,” he said.
Master Tec also announced a first interim single-tier dividend of 69 sen per share for FY25, totaling RM7.04 million, as a token of appreciation to its shareholders.
