SEBERANG PRAI: Sheet metal products manufacturer and scaffoldings supplier, BWYS Group Bhd registered revenue of RM74.8 million for Q3 ended September 30, 2025 (FY25), representing a 30.0% year-on-year (YoY) increase compared to RM57.6 million posted in Q3 FY24.
This strong performance was driven by higher overall sales, supported by greater demand from Malaysia’s construction sector and continued orders from existing customers.
The group’s net profit surged to RM4.3 million, nearly tripling the RM1.5 million from Q3 FY24.
Net profit margin rose to 5.8% in the current quarter, against 2.6% in Q3 FY24.
The stronger profitability stemmed from higher revenue and lower administrative expenses, following the absence of one-off listing expenses of RM2.3 million that were incurred in the preceding quarter.
Malaysia continued to be the group’s biggest market, contributing RM69.1 million or 92.3% of total revenue, where the US contributed RM3.7 million (4.9%), while the balance was derived from Singapore, Bangladesh, the Philippines and the United Arab Emirates.
BWYS managing director Kang Beng Hai said the company is encouraged by the strong set of results achieved this quarter.
He said the robust demand from the construction sector and continued support from our customers have been instrumental in driving earnings performance.
“We remain optimistic about our growth prospects following the recently announced joint venture with Runwin International (HK) Holding Group Co Ltd to establish a state-of-the-art colour-coated steel coil production line.
“The facility will have an initial production capacity of 150,000 tonnes per year, providing a new revenue stream for BWYS. Construction of the new Penang factory is progressing as planned and is scheduled to begin operations in the first quarter of 2026.
“In addition, we recently announced the proposed acquisition of 28.9 acres of freehold industrial land at Compass, Kota Seri Langat, for RM94.5 million. The new site will be the future growth catalyst and accommodate part of our operations upon completion, supporting BWYS’s core activities in the rental and supply of scaffoldings as well as the manufacturing of sheet metal products,” he said in a statement.
Kang said that, with demand gradually recovering and new capacity expected through the company’s joint venture and the new Penang factory coming onstream, BWYS is excited about the growth ahead.
For the 9M FY25, BWYS reported revenue of RM201.7 million, an 11.2% increase from
RM181.4 million posted in the same period last year.
Net profit rose to RM10.9 million, up 94.5% from RM5.6 million in 9M FY24.
The board has declared a first interim single-tier dividend of 0.05 sen per ordinary share in respect of the financial year ending 31 December 2025, amounting to
approximately RM0.5 million.
