KPS Berhad’s 1Q26 Revenue Moderates Amidst Cautious Demand Environments

SHAH ALAM, Malaysia, May 25 (Bernama) -- Kumpulan Perangsang Selangor Berhad (“KPS Berhad” or “the Group”) (KPS, Bursa: 5843; Bloomberg: KUPS:MK; Reuters: KPSB.KL) today announced its financial results for the first quarter ended 31 March 2026 (“1Q26”). Against a backdrop of cautious demand conditions and measured customer procurement activities across the manufacturing sector, KPS Berhad recorded a lower revenue of RM208.2 million compared with RM243.5 million in the corresponding quarter last year (“1Q25”). Operating profit correspondingly moderated to RM8.6 million from RM13.7 million year-on-year (“YoY”), affected by lower production volumes, weaker operating leverage and net foreign exchange losses. Consequently, profit after tax and zakat (“PAT”) declined to RM2.7 million, compared with RM8.2 million in 1Q25.

HIGHLIGHTS FOR THE QUARTER ENDED 31 MARCH 2026

The operating environment remained cautious during the quarter amidst persistent geopolitical tensions in the Middle East and uneven global demand conditions, which continued to weigh on customer planning visibility and confidence across parts of the manufacturing sector. Inventory replenishment activities remained measured, as customers adopted a more circumspect procurement approach and increasingly staggered ordering patterns, particularly within consumer electronics-related segments. Meanwhile, the packaging sector continued to face pricing pressures arising from high competition and low-cost imports from China.