• Contributions from CPI and MDS Advance Offset Softer Performances from Toyoplas and CBB
• 1 Sen Interim Dividend Declared SHAH ALAM, Nov 25 (Bernama) -- Kumpulan Perangsang Selangor Berhad (“KPS Berhad”) or “the Group”) (KPS, Bursa: 5843; Bloomberg: KUPS:MK; Reuters: KPSB.KL) on 24 November 2025 announced its financial results for the third quarter ended 30 September 2025 (“3Q25”). Reflecting mixed performance across its subsidiary companies, KPS Berhad recorded a lower revenue of RM268.7 million from RM275.6 million in the corresponding quarter last year (“3Q24”). Notwithstanding the mixed topline performance, operating profit increased to RM25.7 million from RM11.2 million year-on-year (“YoY”), driven by an asset disposal and lower foreign exchange losses. This led to profit after tax and zakat (“PAT”) registering RM21.1 million, compared with RM4.6 million in the previous year.
HIGHLIGHTS FOR THE QUARTER ENDED 30 SEPTEMBER 2025The introduction of US tariffs dampened the operating environment and consumer sentiment, contributing to greater volatility across key industries such as electronics, automotive, and healthcare. Demand recovery in the manufacturing sector remained uneven as customers recalibrated their portfolios to align with shifting market conditions. Meanwhile, the packaging sector continued to face challenges from intensified competition originating from China through low-cost exports, resulting in oversupply, heightened price pressures, and market displacement among local players.
As a result, KPS Berhad recorded a lower revenue of RM268.7 million for the third quarter of 2025, compared with RM275.6 million in the same quarter last year.
The
manufacturing business remained the backbone of the Group’s performance, contributing RM223.3 million or 83% of total revenue, down from RM232.3 million in 3Q24. Toyoplas Manufacturing (Malaysia) Sdn Bhd (“Toyoplas”) led revenue contribution this quarter with RM112.1 million, albeit at 7% YoY decrease from RM120.3 million, which was mainly due to early stock push-out from key customers prior to the tariff implementation in August 2025. Century Bond Bhd (“CBB”) registered an 8% YoY decline in revenue to RM47.0 million from RM51.3 million, primarily due to ongoing challenges in its carton and paper divisions.
CPI (Penang) Sdn Bhd (“CPI”) and MDS Advance Sdn Bhd (“MDS Advance”) continued to deliver steady progress, helping to cushion the softer performances from Toyoplas and CBB. CPI recorded a YoY revenue increase of RM2.4 million to RM58.6 million, driven by stronger sales in the electronics, communication, and information technology segments. Meanwhile, MDS Advance posted a modest YoY revenue growth of RM1.0 million to RM5.6 million, mainly supported by increasing orders from both existing and new customers in its medical division.
The
trading business, represented by Aqua-Flo Sdn Bhd (“Aqua-Flo”) recorded revenue of RM45.4 million this quarter, up from RM43.3 million in 3Q24. This growth was mainly driven by miscellaneous projects.
The Group reported an operating profit of RM25.7 million, up 129% from RM11.2 million a year ago. The improvement was largely driven by the RM10.5 million gain from CBB’s Nilai plant disposal, which supports its capital redeployment towards higher growth potential, and by a RM9.5 million decrease in foreign exchange losses. Consequently, PAT rose to RM21.1 million from RM4.6 million, further aided by a RM2.0 million saving in finance costs following the settlement of Sukuk in July 2024.
HIGHLIGHTS FOR THE PERIOD ENDED 30 SEPTEMBER 2025The Group’s revenue eased slightly to RM781.1 million from RM790.2 million in the corresponding period of 2024, primarily due to lower contributions from Aqua-Flo, reflecting lower chemical sales during the dry season and the deferred commencement of the water meter contract. The lower contribution was also due to the absence of rental income following the disposal of Plaza Perangsang in July 2024. Nonetheless, this moderation was partially offset by higher revenue from Toyoplas and MDS Advance, supported by robust demand in the consumer electronics and medical segments. PAT jumped to RM42.3 million, from RM8.7 million in the previous year, driven by asset disposal as well as lower foreign exchange losses and finance costs.
MANAGING DIRECTOR/GROUP CEO’S REVIEW OF PERFORMANCE “This quarter’s performance painted the merit of our diversified business with steady contributions from CPI and MDS Advance, demonstrating resilience and growth, even as Toyoplas and CBB navigated a more challenging market condition that had resulted in topline contraction. We continue to implement measures to mitigate the impact of subdued market sentiments, focusing on driving revenue growth through diversification into new regions and industries, and expanding product offerings to existing customers.
Strategic business development remains a key growth driver for the Group. Despite the mixed performance during the quarter, Toyoplas, CPI, MDS Advance, and CBB broadened their customer base and secured multiple new projects across diverse sub-industries, including toys, musical instruments, laboratory equipment, electric vehicle chargers, and automation solutions; Aqua-Flo also secured from Air Selangor two three-year framework agreements valued at RM53.1 million and RM78.1 million each for the supply of water chemicals. These collective efforts reinforce the Group’s strategic focus on expanding its market reach, deepening customer relationships, and enhancing revenue diversification to drive sustainable growth across its core businesses.
The disposal of CBB’s Nilai plant demonstrated our proactive restructuring approach, allowing the business to redeploy capital into higher-yield areas that support higher growth potential.”
DIVIDENDS KPS Berhad’s Board of Directors has resolved to pay an interim dividend of RM5.4 million, equivalent to 1.0 sen per ordinary share, for the financial year ending 31 December 2025. This dividend will be distributed on 23 December 2025 to shareholders registered in the Records of Depositors at the close of business on 9 December 2025. The consistent payment of dividends underscores KPS Berhad’s confidence in its robust business fundamentals, while reaffirming its dedication to delivering sustainable, long-term value to its shareholders.
GROUP PROSPECT Market demand remains uncertain, influenced externally by shifting US trade policies and broader geopolitical tensions, and domestically, by ad hoc customer requirements and pricing pressures. KPS Berhad shall continue to navigate market volatility through targeted strategic initiatives across its subsidiaries, such as strengthening its manufacturing ecosystem by deepening customer engagement, expanding its footprint in the growth-oriented segment, including consumer electronics, healthcare, and industrial solutions as well as leveraging technology-driven efficiency improvements.
To further strengthen resilience, the Group is already optimising cost structures through leaner operations and resource efficiency initiatives. Collectively, these efforts are aimed at shaping a steadier business outlook, safeguarding earnings stability, and delivering sustainable value to shareholders over the long term.
About Kumpulan Perangsang Selangor Berhad (
www.kps.com.my)
Incorporated on 11 August 1975, Kumpulan Perangsang Selangor Berhad (“KPS Berhad” or “the Group”) is an investment holding company listed on the Main Market of Bursa Malaysia Securities Berhad under the Industrial Products & Services Sector. KPS Berhad has core investments in the Manufacturing sector. While enhancing shareholder value by optimising returns, KPS Berhad is committed to contributing to sustainable economic, environmental, and social development.
SOURCE: Kumpulan Perangsang Selangor Berhad
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Ch’ng Geik Ling
Investor Relations, Sustainability & Communications
Tel: +603 5524 8444
Email: chng@kps.com.my
Name: Akil Mansiz
Investor Relations, Sustainability & Communications
Tel: +603 5524 8444
Email: akilmansiz@kps.com.my
--BERNAMA