KUALA LUMPUR: Resintech Bhd made a strong rebound in its financial performance for the third quarter ended December 31, 2025 (Q3 FY26).
The group reported a 41.64% quarter-on-quarter (QoQ) surge in revenue to RM46.90 million, signalling a decisive end to the temporary softness seen in the preceding quarter.
This recovery was driven by the acceleration of project site activities and a normalisation of orders from the water infrastructure segment.
For the cumulative nine-month period (9M) FY26, Resintech posted a 26.16% year-on-year (YoY) revenue growth to RM120.77 million.
Profit after tax (PAT) for the 9M period rose to RM9.03 million, outpacing revenue growth.
This margin expansion is attributed to the group’s ability to capitalise on the current macroeconomic “sweet spot”—specifically, the strengthening of the Ringgit and the moderation of global crude oil prices, which have effectively lowered the cost of resin, a key raw material.
Managing director Datuk Dr Teh Kim Poo said infrastructure upgrades can be delayed, but they cannot be cancelled.
“That is the reality of the water sector. The pause in orders we saw in the second quarter was temporary, and the sharp rebound in this quarter shows that the urgency to upgrade national water assets remains.
“We are using this period of lower input costs to strengthen our position. While we cannot control global oil prices or currency fluctuations, we can control our efficiency.
“By keeping our production lines running at optimal levels and managing our inventory tightly, we are ensuring that every ringgit of revenue generates better returns for the group compared to a year ago,” he said in a statement.
The group’s balance sheet remains a key value proposition for investors. As of December 31, 2025, Resintech’s total assets stood at RM338.25 million.
Notably, the group’s net assets per share have improved to 112.38 sen, up from 108.74 sen in March 2025.
This growth is supported by a solid base of investment properties valued at RM87.60 million, which provides the group with recurring rental income visibility and capital appreciation potential, acting as a buffer against cyclical manufacturing volatility.
Moving forward, the group remains cautiously optimistic.
The rollout of national water and sewerage upgrading works continues to provide a steady pipeline of orders.
“We are comfortable with our current trajectory. The combination of sustained infrastructure spending and our diversified product mix—from industrial pipes to consumer water storage—positions us well to close the financial year on a strong note,” Teh said.
