Cahya Mata Swings Back With RM18 Million Profit In Q2 2026

Cahya Mata Sarawak Berhad announced its financial results for the second quarter ended 30 June 2026 with revenue rising 18.2% year-on-year to RM292.0 million in from RM246.9 million in the corresponding quarter of the previous financial year. The increase was driven mainly by higher sales volume at the Cement Strategic Business Unit, together with continued construction progress on
the Borneo Convention Centre Kuching 2 (“BCCK2”) project, which lifted Property Development SBU revenue. These gains were partly moderated by lower Oiltools SBU revenue, amid continued reduced rig activities across most of its operating markets.

Profit after tax improved significantly to RM18 million in Q2 2026, reversing a loss of RM23 million in Q2 2025 which had been affected by an unrealised foreign exchange loss on financing activities. The turnaround was supported by stronger profitability at the Cement and Property Development SBU, improved contribution from the Road Maintenance SBU, and narrower losses at the Phosphates SBU.

Reflecting the stronger operating performance, profit attributable to owners of the Company was RM22.4 million in Q2 2026, a commendable improvement from a loss attributable to owners (“net loss”) of RM11.3 million in Q2 2025.

For the six months ended 30 June 2026 (“1H2026”), Group revenue rose by 15.7% to RM570.4 million, from RM493.1 million in the corresponding period last year. PBT increased to RM73.9 million, from RM21.0 million in 1H2025, while net profit more than tripled to RM46.5 million, compared with RM14.0 million in 1H2025.

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