Powerwell Holdings Berhad has announced its financial results for the first half of the financial year 2026, ending 30 September 2025, revealing a significant 64.8% year-on-year increase in revenue to RM75.1m. The company’s net profit surged 2.6 times to RM9.4m, marking its best-ever performance for the period. This growth was attributed to higher deliveries in Malaysia and increased contributions from international markets, including Bangladesh and Indonesia.
The group’s second-quarter revenue rose by 35.1% year-on-year to RM39.2m, bolstered by contributions from newly acquired fire suppression systems subsidiaries. Powerwell’s gross profit margin also improved to 31.2% from 18.3% a year ago, reflecting more efficient operations and higher-margin projects.
Catherine Wong Yoke Yen, Managing Director of Powerwell, expressed optimism about the company’s future, citing favourable industry conditions and Malaysia’s economic growth. “We are pleased to have kept up the healthy earnings growth momentum and delivered our best-ever first half performance,” she said. The company has secured a RM9.5m data centre project in Selangor, its third data centre win this financial year.
Powerwell’s order book stood at RM105m as of 30 September 2025, excluding the recent contract, providing strong earnings visibility. The company declared a first interim dividend of 0.5 sen per ordinary share, amounting to RM2.9m. Looking ahead, Powerwell anticipates further growth from the renewable energy, data centre, and infrastructure sectors, supported by a 20% expansion of its assembly lines at the Kota Kemuning plant.
