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Signature International sees higher revenue, expanding order book

KUALA LUMPUR: Signature International Bhd, Malaysia’s leading provider of kitchen systems, wardrobe solutions and interior fit-out services, posted a net profit of RM16.14 million for the third quarter (Q3) ended September 30, 2025 (FY25), sliding 43.0% from RM28.31 million recorded in the same quarter last year.

Revenue increased 8.7% to RM244.21 million for Q3 FY25 from RM224.64 million posted in Q3 FY24.

These results reflect stable operational performance across all major segments.

The Corten brand remained the strongest contributor with RM75.5 million in revenue and RM21.2 million in profit before tax (PBT), driven by continued growth from the Singapore market.

The Interior Fit-Out division delivered RM116.4 million in revenue and RM13.4 million in PBT, supported by ongoing project progress across residential and commercial developments.

The year-on-year comparison for quarterly PBT excludes non-recurring investment gains recognised in Q3 FY24.

Excluding these one-off items, the group’s core business performance remained healthy with improved profitability across the main operating segments.

For 9M FY25, the group recorded a revenue of RM726.60 million, an increase of 25.6% from RM578.49 million a year ago, driven mainly by the Interior Fit-Out Works segment, followed by the Corten and Signature kitchen and wardrobe divisions.

Net profit for 9M FY25 stood at RM52.02 million, an 18.1% increase from RM44.03 million posted in the same period last year.

PBT stood at RM96.8 million, up 11% from RM86.9 million in the same period last year.

As of September 30, 2025, Signature’s order book strengthened further to RM1.14 billion, comprising RM295 million in Signature brand, RM680 million of Corten brand, mainly serving the Singapore market segment, and RM169 million for Interior Fit-Out Works.

This healthy order book provides solid visibility into FY25 and FY26 earnings.

Group CEO KS Lau said the earnings are supported by strong contributions from the Corten Singapore segment and sustained progress in its Interior Fit-Out business.

“Despite a more challenging cost environment, demand across our core products and project solutions remains healthy.

“Our RM1.14 billion order book gives us strong earnings visibility going into the next financial year.

“We remain focused on executing our projects efficiently, strengthening margins through operational discipline, and improving customer delivery across all brands,” he said in a statement.

In line with its dividend commitment, the board has declared an interim single-tier dividend of 3.0 sen per ordinary share, amounting to RM19.36 million, payable on December 12, 2025.

While global economic conditions remain mixed, Signature expects revenue recognition to stay supported by a strong backlog and steady inflow of new orders.

The accelerated activity in the Singapore renovation market, together with ongoing property development handovers in Malaysia, is expected to underpin segment performance.

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