Systech Bhd significantly narrowed its full-year loss for FY26, supported by a sharp expansion in revenue driven by newly secured contracts, particularly in data centre infrastructure solutions under its Corporate Solutions segment.
The group recorded a net loss after tax of RM0.16 million for the financial year ended March 31, 2026 (FY26), improving markedly from a RM8.24 million loss a year earlier, despite being weighed down by one-off divestment-related charges.
Revenue from continuing operations surged 707% year-on-year to RM335.26 million, up from RM41.54 million previously, reflecting strong project execution and higher billing recognition from large-scale contracts.
For the quarter under review, Systech posted revenue of RM274.57 million, a substantial jump from RM8.1 million a year earlier, though the quarter ended with a RM1.64 million net loss due mainly to a full-year tax charge of RM1.9 million. However, it is still a good improvement compared to a net loss of RM9.1 million a year earlier.
Managing Director Dr Low Min Yew said FY26 marked a “significant step forward” for the group’s continuing operations, driven by strong top-line growth and improved underlying earnings, despite legacy divestment impacts.
He also highlighted a turnaround in cash generation, with operating cash flow rising to RM54.25 million from a negative RM24.16 million in FY25, reflecting stronger project execution and collection efficiency.
Looking ahead, Low said Systech will continue expanding its Corporate Solutions portfolio across artificial intelligence, ERP, IoT and HCM offerings, while strengthening recurring revenue streams and deepening client relationships to support sustained growth.
