Evergreen Max Cash Capital Bhd (EMCC) delivered a strong start to its new financial year as its net profit jumped 95.6% year-on-year to RM13.7 million for the first quarter ended March 31, 2026 (1Q26), driven by robust growth across its pawnbroking, gold trading and Islamic financing segments.
Revenue rose 47.3% to RM67.6 million from RM45.9 million a year earlier, supported by higher pawn loan disbursements, expanded funding capacity and stronger gold price conditions.
Growth was broad-based, with the conventional pawnbroking segment rising 32.5% to RM16.7 million, while gold and luxury products retail and trading increased 32.1% to RM38.7 million, underpinned by stronger sales of unredeemed pledged gold and pre-owned items.
The Tawarruq products segment emerged as the fastest-growing contributor, surging 204.2% to RM12.2 million, driven by a sharp increase in Islamic pawn loan disbursements.
The group said performance was supported by higher loan deployment, backed by internally generated funds and newly secured revolving credit facilities, alongside stronger average gold prices.
Executive Director and Group Managing Director Datuk Low Kok Chuan said the results reflect sustained growth momentum, supported by an expanding outlet network and stronger access to funding.
He added that demand for pawn loans remains resilient, particularly within Malaysia’s unbanked and underbanked segments, with the group continuing to focus on disciplined capital deployment and operational efficiency.
