PETALING JAYA: ES Sunlogy Bhd maintains a positive outlook for financial year 2026 (FY26), supported by a stable project pipeline and continued demand for reliable mechanical and electrical engineering (M&E) services and renewable energy solutions.
Chairman Loh Kwang Yean said the group will continue to focus on disciplined growth, prioritising operational excellence, prudent capital management and long-term value creation.
“By leveraging our technical expertise, experienced workforce, and strong financial position, ES Sunlogy is well-prepared to capitalise on future opportunities while ensuring resilience amid an evolving business environment,“ he said in the company’s annual report filed with Bursa Malaysia.
He added that Malaysia’s sustained investment in infrastructure, coupled with the growing emphasis on renewable energy, presents encouraging opportunities for ES Sunlogy to expand its role in supporting the nation’s development and transition to a cleaner energy landscape.
On earnings, ES Sunlogy achieved a net profit of RM15.396 million in FY25, underscoring the group’s continued ability to deliver consistent and sustainable results despite a competitive market environment.
Revenue for FY25 rose 70% to RM324.7 million, driven primarily by higher project billings from both ongoing and newly secured M&E contracts.
Correspondingly, gross profit increased by 15.6%, although the gross profit margin eased to 11% compared to 16.2% posted in FY24 due to competitive pricing pressures, higher subcontractor costs, and increased material prices in securing new projects.
As of July 31, 2025, the group’s order book stood at RM180.4 million, providing clear visibility and stability for the coming financial year, reflecting the group’s disciplined project management, effective cost control, and continued emphasis on quality execution across all contracts undertaken.
“Moving forward, the group will continue to enhance operational efficiency and project delivery through improved resource planning, the adoption of technology, and the development of skilled professionals.
“Our strategy remains focused on consolidating our strengths in M&E Services while expanding our capabilities in renewable energy generation.
“With both sectors expected to play a critical role in Malaysia’s infrastructure and sustainability agenda, ES Sunlogy is well-positioned to contribute meaningfully to the nation’s ongoing growth and energy transition efforts,“ Loh said.
According to the annual report, ES Sunlogy remains well-positioned to capitalise on emerging opportunities across both its core engineering services and renewable energy segments.
The renewable energy sector, in particular, presents significant growth potential driven by global and domestic shifts toward cleaner, sustainable power sources.
With the increasing adoption of solar PV solutions, supportive government incentives, and a growing focus on decarbonisation, the market outlook for renewable energy in Malaysia and the broader Asean region is robust.
The group continues to monitor these trends closely and aims to expand its renewable energy portfolio by leveraging its technical expertise, operational track record, and strategic partnerships.
By aligning growth initiatives with market developments and sustainability objectives, ES Sunlogy seeks to deliver long-term value, strengthen its market position, and contribute meaningfully to Malaysia’s transition toward a greener energy landscape.
Managing director Khor Chuan Meng said the renewable energy segment has continued to strengthen its operational presence, complementing the group’s core M&E business while contributing to recurring income.
He said that under this segment, the group managed a LSSPV plant in FY25, namely the Junjong LSSPV Plant, which successfully generated 36,456,902.5 kWh of renewable energy.
Another LSSPV plant, the Selarong LSSPV Plant, is currently under construction and development, and is 85% to 90% completed, with targeted completion by the end of 2025.
“This upcoming addition is expected to strengthen the group’s renewable energy portfolio further. Operational focus remained on maximising generation efficiency, maintaining high
system availability, and optimising plant performance through proactive maintenance and monitoring initiatives,” he said.
ES Sunlogy also continued its alignment with the National Energy Transition Roadmap, leveraging operational expertise to support Malaysia’s clean energy transition and national sustainability objectives. This includes careful management of plant operations, integration of performance tracking systems and optimisation of energy output to ensure consistent and reliable delivery of renewable energy.
“Ongoing investment in technical capability, operational monitoring, and preventive maintenance has enabled the confirmed segment to maintain high operational standards while scaling renewable energy activities.
“Looking ahead, the group is focused on expanding its solar energy footprint, improving energy efficiency, and exploring opportunities for additional renewable projects, positioning the Renewable Energy segment as a key driver of long-term sustainable growth for ES Sunlogy,” Khor said.
