Rce Capital Bhd.MYX: RCECAP

Q3 Quarter Report for Financial Year Ended 2026

· Issued by Rce Capital Bhd.


RCE Capital Berhad

Registration No: 195301000151 (2444-M)

Incorporated in Malaysia

Interim Financial Report

3rd Quarter Ended 31 December 2025

SUMMARY OF KEY FINANCIAL INFORMATION FOR THE FINANCIAL PERIOD

3.

Profit for the financial period

36,618

4.

Profit attributable to

ordinary equity holders

of the Company

36,618

ENDED 31 DECEMBER 2025

1.

Revenue

INDIVIDUAL QUARTER

CUMULATIVE QUARTER

31.12.2025

31.12.2024

31.12.2025

31.12.2024

RM'000

RM'000

RM'000

RM'000

81,261

79,325

243,720

238,848

2.

Profit before tax

48,570

40,871

125,468

119,293

AS AT END OF

CURRENT

QUARTER

AS AT PRECEDING

FINANCIAL

YEAR END

5.

Basic earnings per

ordinary share (sen)

2.49

6.

Proposed/Declared dividend

per share (sen)

-

7.

Net assets per share attributable

to ordinary equity holders of

the Company (RM)

30,755

91,916

88,905

30,755

91,916

88,905

2.10

6.26

6.06

-

3.00

3.00

0.57 0.57

INDIVIDUAL QUARTER

31.12.2025

31.12.2024

RM'000

RM'000

CUMULATIVE QUARTER

31.12.2025

31.12.2024

RM'000

RM'000

8.

Gross interest income

5

2

15

4

9.

Gross interest expense

45

67

143

202



RCE Capital Berhad

Registration No: 195301000151 (2444-M)

Incorporated in Malaysia

Interim Financial Report

3rd Quarter Ended 31 December 2025

CONDENSED STATEMENT OF COMPREHENSIVE INCOME

INDIVIDUAL QUARTER

3 MONTHS ENDED

31.12.2025

31.12.2024

RM'000

RM'000

CUMULATIVE QUARTER

9 MONTHS ENDED

31.12.2025

31.12.2024

RM'000

RM'000

Profit/interest income

Other revenue

72,482

8,779

70,822

8,503

216,761

26,959

215,799

Revenue

81,261

79,325

Other income

8,238

8,189

Profit/interest expense applicable to revenue

(23,824)

(24,241)

Directors' remuneration and staff costs

(7,747)

(6,561)

Allowances for impairment loss on

receivables, net

(2,960)

(8,379)

Depreciation of plant and equipment and

right-of-use ("ROU") assets

(820)

(1,015)

Amortisation of intangible assets

(528)

(108)

Other expenses

(5,005)

(6,272)

Finance costs

(45)

(67)

Profit before tax

48,570

40,871

23,049

243,720

24,996

(72,357)

(25,890)

238,848

27,455

(75,426)

(26,256)

(19,533) (22,488)

(2,751)

(1,335)

(21,239)

(143)

125,468

(3,098)

(108)

(19,432)

(202)

119,293

Income tax expense

(11,952)

Profit/Total comprehensive income

for the financial period

36,618

(10,116) (33,552) (30,388)

30,755 91,916 88,905

Attributable to:

Owners of the Company

36,618

Earnings per ordinary share (sen):

Basic

2.49 2.10

Diluted

2.49 2.09

30,755 91,916 88,905

6.26 6.06 6.24 6.03

The Condensed Statement of Comprehensive Income should be read in conjunction with the audited financial statements of the Company for the financial year ended 31 March 2025 and the accompanying explanatory notes attached to the interim financial report.

RCE Capital Berhad

Registration No: 195301000151 (2444-M)

Incorporated in Malaysia

Interim Financial Report

3rd Quarter Ended 31 December 2025

ASSETS

Non-Current Assets

Plant and equipment

ROU assets

Intangible assets

Financing receivables

Deferred tax assets

Total Non-Current Assets

Current Assets

Financing receivables

Trade receivables

Other receivables, deposits and prepaid expenses

Deposits with licensed financial institutions

Cash and bank balances

Total Current Assets

TOTAL ASSETS

EQUITY AND LIABILITIES

Equity attributable to owners of the Company

Share capital

Treasury shares

Reserves

Total Equity

Non-Current Liabilities

Payables and accrued expenses

Hire-purchase payables

Financing liabilities

Lease liabilities

Deferred tax liabilities

Total Non-Current Liabilities

Current Liabilities

Payables and accrued expenses

Hire-purchase payables

Financing liabilities

Lease liabilities

Tax liabilities

Total Current Liabilities

Total Liabilities

4,447

2,185

68,909

1,713,732

91,108

1,880,381

4,911

2,518

50,244

1,722,953

90,705

1,871,331

204,881

(4,948)

636,248

836,181

204,881

(4,948)

639,581

839,514

-

604

1,176,444

23

45,683

1,222,754

4,228

532

1,132,397

36

46,427

1,183,620

CONDENSED STATEMENT OF FINANCIAL POSITION

AS AT AS AT

31.12.2025 31.03.2025

RM'000 RM'000

236,409

43,010

47,571

707,062

123,376

1,157,428

3,037,809

227,111

54,850

65,385

625,626

141,855

1,114,827

2,986,158

36,644

414

934,073

273

7,470

978,874

2,201,628

29,732

365

925,635

1,018

6,274

963,024

2,146,644

TOTAL EQUITY AND LIABILITIES 3,037,809 2,986,158 NET ASSETS PER SHARE (RM) 0.57 0.57

The Condensed Statement of Financial Position should be read in conjunction with the audited financial statements of the Company for the financial year ended 31 March 2025 and the accompanying explanatory notes attached to the interim financial report.

RCE Capital Berhad

Registration No: 195301000151 (2444-M) Interim Financial Report

Incorporated in Malaysia 3rd Quarter Ended 31 December 2025

CONDENSED STATEMENT OF CHANGES IN EQUITY Reserves Employees' Share

Share

Capital

Treasury

Shares

Scheme

("ESS")

Retained

Earnings

Total

Reserves

Total

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

As at 1 April 2024

201,917

(4,948)

2,941

629,863

632,804

829,773

Total comprehensive income

-

-

-

88,905

88,905

88,905

Transactions with owners

Dividends

-

-

-

(95,338)

(95,338)

(95,338)

Options under ESS:

- Granted

-

-

5,372

-

5,372

5,372

- Exercised

2,875 -

(3,371) (5,185)

(8,556) (5,681)

- Cancelled

-

-

(89) 89

-

-

Total transactions with owners

2,875

-

1,912

(100,434)

(98,522)

(95,647)

As at 31 December 2024

204,792

(4,948)

4,853

618,334

623,187

823,031

As at 1 April 2025

204,881

(4,948)

4,694

634,887

639,581

839,514

Total comprehensive income

-

-

-

91,916

91,916

91,916

Transactions with owners

Dividends

-

-

- (95,422)

(95,422)

(95,422)

Options under ESS:

- Granted

- -

3,358 -

3,358 3,358

- Modification

-

-

76

-

76

76

- Exercised

- -

(1,696) (1,565)

(3,261) (3,261)

- Cancelled

-

-

(241) 241

-

-

Total transactions with owners

-

-

1,497

(96,746)

(95,249)

(95,249)

As at 31 December 2025

204,881

(4,948)

6,191

630,057

636,248

836,181

The Condensed Statement of Changes in Equity should be read in conjunction with the audited financial statements of the Company for the financial year ended 31 March 2025 and the accompanying explanatory notes attached to the interim financial report.

Interim Financial Report

3rd Quarter Ended 31 December 2025

CASH FLOWS FROM OPERATING ACTIVITIES

Profit before tax

Adjustments for:

Allowances for impairment loss on receivables, net

ESS expense

Depreciation of plant and equipment and ROU assets

Amortisation of intangible assets

Finance costs

Plant and equipment written off

Profit and interest income from deposits and bank balances

Operating profit before working capital changes

CONDENSED STATEMENT OF CASH FLOWS

CUMULATIVE

QUARTER

31.12.2025

RM'000

CUMULATIVE QUARTER 31.12.2024 RM'000

125,468 119,293

19,533

3,434

2,751

1,335

143

-

(19,810)

132,854

22,488

5,396

3,098

108

202

865

(20,885)

130,565

(Increase)/Decrease in working capital:

Financing receivables

Other receivables, deposits and prepaid expenses

Trade receivables

(19,620)

21,629

11,850

30,479

(8,361)

919

Increase in working capital:

Payables and accrued expenses

Cash generated from operations

4,988

151,701

6,134

159,736

Taxes paid

Taxes refunded

Net cash generated from operating activities

(41,368)

4,535

114,868

(45,418)

378

114,696

CASH FLOWS FROM INVESTING ACTIVITIES

Profit and interest income from deposits and bank balances

Acquisition of subsidiary company, net of cash acquired

Acquisition of intangible asset

Additions to plant and equipment

Net cash used in investing activities

19,810

-

(20,000)

(1,524)

(1,714)

20,885

(21,763)

-

(1,005)

(1,883)

CONDENSED STATEMENT OF CASH FLOWS

CUMULATIVE

CUMULATIVE

QUARTER

QUARTER

31.12.2025

31.12.2024

RM'000

RM'000

CASH FLOWS FROM FINANCING ACTIVITIES

Drawdown of:

- revolving credits

1,169,700

750,400

- term financings/loans

45,000

110,000

- other financing liabilities

1,040

1,484

Issuance of Sukuk Murabahah ("Sukuk")

260,000

125,000

Proceeds from issuance of shares

-

2,875

Repayments of:

- revolving credits

(1,178,400)

(671,400)

- term financings/loans

(136,230)

(116,265)

- other financing liabilities

(1,040)

(1,484)

- lease liabilities

(758)

(719)

- hire-purchase payables

(279)

(283)

Redemptions of Sukuk

(110,000)

(180,000)

Dividends paid

(95,422)

(95,338)

(Placements)/withdrawal of deposits, cash and bank balances, net:

- assigned in favour of the trustees

(79,261)

55,516

- pledged to licensed financial institutions

4,377

644

Cash settlement for ESS

(3,754)

(10,316)

Finance costs paid

(54)

(112)

Net cash used in financing activities

(125,081)

(29,998)

Net change in cash and cash equivalents

Cash and cash equivalents at beginning of financial period

Cash and cash equivalents at end of financial period

(11,927)

77,723

65,796

82,815

47,887

130,702

CASH AND CASH EQUIVALENTS AS AT END OF FINANCIAL PERIOD COMPRISE THE

FOLLOWING:

Deposits with licensed financial institutions

707,062

693,980

Cash and bank balances

123,376

172,876

830,438

866,856

Less: Deposits, cash and bank balances

- assigned in favour of the trustees

(711,141)

(695,481)

- pledged to licensed financial institutions

(53,501)

(40,673)

65,796

130,702

Interim Financial Report

3rd Quarter Ended 31 December 2025

The Condensed Statement of Cash Flows should be read in conjunction with the audited financial statements of the Company for the financial year ended 31 March 2025 and the accompanying explanatory notes attached to the interim financial report.

RCE Capital Berhad

Registration No: 195301000151 (2444-M)

Incorporated in Malaysia

Interim Financial Report

3rd Quarter Ended 31 December 2025

NOTES TO THE INTERIM FINANCIAL REPORT

1.

BASIS OF PREPARATION

The interim financial report is unaudited and has been prepared in accordance with the requirements of Malaysian Financial Reporting Standard ("MFRS") 134 (Interim Financial Reporting) issued by the Malaysian Accounting Standards Board and paragraph 9.22 of the Main Market Listing Requirements ("Listing Requirements") of Bursa Malaysia Securities Berhad ("Bursa"). It also complies with IAS 34 (Interim Financial Reporting) issued by the International Accounting Standards Board and should be read in conjunction with the audited financial statements of the Group for the financial year ended 31 March 2025.

2.

CHANGES IN MATERIAL ACCOUNTING POLICIES

The material accounting policies adopted by the Group in this interim financial report are consistent with those of the annual audited financial statements for the financial year ended 31 March 2025.

3.

AUDITORS' REPORT ON PRECEDING ANNUAL AUDITED FINANCIAL

STATEMENTS

The auditors' report on the preceding annual audited financial statements was not subject to any qualification.

4.

SEASONAL OR CYCLICAL FACTORS

The Group's operations were not significantly affected by any seasonal or cyclical factors.

5.

UNUSUAL ITEMS

There were no unusual items for the current quarter and financial period.

Interim Financial Report

3rd Quarter Ended 31 December 2025

NOTES TO THE INTERIM FINANCIAL REPORT

6.

CHANGES IN ESTIMATES

There were no changes in estimates that have a material effect for the current quarter and financial period.

7.

DEBT AND EQUITY SECURITIES

There were no issuance, repurchase and repayment of debt and equity securities for the financial period except for the following:

(a)

Issuance of Sukuk by Al Dzahab Assets Berhad, an indirect and not a legal subsidiary of the

Company as follow:

INDIVIDUAL

QUARTER

31.12.2025

RM'000

CUMULATIVE

QUARTER

31.12.2025

RM'000

Issuance - 100,000

(b)

Issuance and redemption of Sukuk by Zamarad Assets Berhad, an indirect and not a legal

subsidiary of the Company as follow:

INDIVIDUAL

QUARTER

31.12.2025

RM'000

CUMULATIVE

QUARTER

31.12.2025

RM'000

Issuance

Redemption upon maturity

160,000 160,000

85,000 110,000

Interim Financial Report

3rd Quarter Ended 31 December 2025

NOTES TO THE INTERIM FINANCIAL REPORT

7.

DEBT AND EQUITY SECURITIES (CONT'D)

(c)

ESS

In accordance with ESS By-Laws, the Company has:

(i)

extended the maturity date of ESS from 19 October 2025 to 31 December 2026; and

(ii)

granted 31,709,000 options to the eligible employees at an exercise price of RM0.96.

As at 31 December 2025, the number of ordinary shares, net of treasury shares is 1,468,035,142.

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Interim Financial Report

3rd Quarter Ended 31 December 2025

NOTES TO THE INTERIM FINANCIAL REPORT

8.

DIVIDENDS

31.12.2025

31.12.2024

RM'000

RM'000

Recognised during the financial period:

-

Second interim dividend for 2024:

7.00 sen per ordinary share, paid on 27 June 2024 to shareholders whose names appeared in the

record of depositors on 14 June 2024

- 51,300

-

First interim dividend for 2025:

3.00 sen per ordinary share, paid on 31 December 2024 to shareholders whose names appeared in the

record of depositors on 18 December 2024

- 44,038

-

Second interim dividend for 2025:

3.50 sen per ordinary share, paid on 30 June 2025

to shareholders whose names appeared in the record of depositors on 16 June 2025

51,381 -

-

First interim dividend for 2026:

3.00 sen per ordinary share, paid on 30 December

2025 to shareholders whose names appeared in the record of depositors on 17 December 2025

44,041 -

95,422 95,338

9.

SEGMENT INFORMATION

Segmental reporting is not presented as the Group is primarily engaged in the provision of shariah-compliant financing and conventional financing services.

Interim Financial Report

3rd Quarter Ended 31 December 2025

NOTES TO THE INTERIM FINANCIAL REPORT

10.

PROFIT BEFORE TAX

The following items have been credited in arriving at the profit before tax:

INDIVIDUAL

QUARTER

31.12.2025

RM'000

CUMULATIVE

QUARTER

31.12.2025

RM'000

Income from deposits and bank balances:

- profit income

- interest income

6,647 19,795

5 15

6,652 19,810

There were no exceptional items, inventories written down and written off, allowance for impairment loss on investment properties, gain or loss on disposal of quoted or unquoted investments or properties and gain or loss on derivatives for the current quarter and financial period.

11.

MATERIAL EVENTS SUBSEQUENT TO THE END OF THE INTERIM PERIOD

As at the date of this announcement, there were no material events subsequent to the end of the interim period that affect the results of the Group.

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Interim Financial Report

3rd Quarter Ended 31 December 2025

NOTES TO THE INTERIM FINANCIAL REPORT

12.

CHANGES IN THE COMPOSITION OF THE GROUP

There was no change in the composition of the Group during the financial period.

13.

REVIEW OF PERFORMANCE

INDIVIDUAL QUARTER CUMULATIVE QUARTER

31.12.2025

RM'000

31.12.2024

RM'000

Variance

RM'000 %

31.12.2025

RM'000

31.12.2024

RM'000

Variance

RM'000 %

Revenue

81,261

79,325

1,936

2.4

243,720

238,848

4,872

2.0

Profit before tax

48,570

40,871

7,699

18.8

125,468

119,293

6,175

5.2

Profit for the financial period

36,618

30,755

5,863

19.1

91,916

88,905

3,011

3.4

Profit attributable to ordinary

equity holders of the Company

36,618

30,755

5,863

19.1

91,916

88,905

3,011

3.4

In the current quarter, the Group registered a higher revenue of RM81.3 million as compared to corresponding quarter of RM79.3 million. This was primarily driven by higher profit and early settlement income arising from increased disbursement and refinancing activities by customers.

The above led to higher pre and post-tax profit after accounting for lower allowances for impairment loss on receivables.

Correspondingly, the Group's pre and post-tax profits for the nine months period ended 31 December 2025 were higher mainly due to higher revenue, lower allowances for impairment loss on receivables, offset with higher operating expenses.

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Interim Financial Report

3rd Quarter Ended 31 December 2025

NOTES TO THE INTERIM FINANCIAL REPORT

14.

MATERIAL CHANGE IN RESULTS OF CURRENT QUARTER COMPARED WITH

PRECEDING QUARTER

INDIVIDUAL QUARTER

31.12.2025

30.09.2025

Variance

RM'000

RM'000

RM'000

%

81,261

48,570

36,618

82,673

41,395

29,309

(1,412)

7,175

7,309

(1.7)

17.3

24.9

Revenue

Profit before tax

Profit for the financial period

Profit attributable to ordinary

equity holders of the Company

36,618 29,309 7,309 24.9

The moderation in the Group's revenue for the current quarter was mainly due to lower financing demand. This was in line with Malaysian civil servants deferring financing ahead of the planned salary adjustment in January 2026.

Notwithstanding that, the Group recorded higher pre and post-tax profit in the current quarter mainly due to lower operating expenses and allowances for impairment loss on receivables.

15.

CURRENT YEAR PROSPECTS

The demand for financing is expected to trend higher supported by the second phase of salary adjustments for Malaysian civil servants in January 2026 and upcoming festive season.

To strengthen brand recognition and broaden customer outreach, the Group continues to implement targeted marketing initiatives and sales campaigns, alongside strategic digitalisation investments to enhance customers' engagement.

The Group will be profitable for the financial year ending 31 March 2026.

Interim Financial Report

3rd Quarter Ended 31 December 2025

NOTES TO THE INTERIM FINANCIAL REPORT

16.

PROFIT FORECAST

There were no profit forecast prepared or profit guarantee made by the Group.

17.

INCOME TAX EXPENSE

INDIVIDUAL

QUARTER

31.12.2025

RM'000

CUMULATIVE

QUARTER

31.12.2025

RM'000

Income tax payable:

Current period

Over provision in prior years

16,278 39,782

(5,080) (5,080)

11,198 34,702

Deferred tax:

Current period

Over provision in prior years

822

(1,082)

(68)

(68)

754

(1,150)

11,952

33,552

The effective tax rate of the Group in the current quarter and financial period is higher than the statutory tax rate due to non-deductibility of certain expenses for taxation purposes.

18.

STATUS OF CORPORATE PROPOSALS

There were no corporate proposals announced but not completed as at the date of this report.

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Interim Financial Report

3rd Quarter Ended 31 December 2025

NOTES TO THE INTERIM FINANCIAL REPORT

19.

FINANCING RECEIVABLES

As at 31.12.2025

Receivables

Financing

Loans

Total

RM'000

RM'000

RM'000

At amortised cost, gross

Less: Allowances for impairment

2,083,820

4,436 2,088,256

(136,757)

(1,358) (138,115)

1,947,063

3,078 1,950,141

(235,874)

(535) (236,409)

1,711,189

2,543 1,713,732

Amount receivable within one year

Non-current portion

During the financial period, there was no transaction with related parties in relation to the Group's financing receivables.

Movement in allowances for impairment:

Stage 1

RM'000

Stage 2

RM'000

Stage 3

RM'000

Total

RM'000

Changes in the expected credit

loss ("ECL"):

- Transfer to Stage 1

- Transfer to Stage 2

- Transfer to Stage 3

Net adjustment of allowances for

impairment

Adjustment

New financial assets originated or

purchased

Financial assets derecognised

Changes in risk parameters

Written off

Balance as at 31 December 2025

466

(223)

(13,729)

(13,486)

(109)

793

(1,534)

(850)

(1,007)

(387)

43,977

42,583

(650)

2,309

183

94

28,714

1,821

28,247

4,224

8,845

-

-

8,845

(1,847)

(27)

(1,989)

(3,863)

(8,320)

(263)

(9,327)

(17,910)

-

-

(22,092)

(22,092)

43,755

1,703

92,657

138,115

Balance as at 1 April 2025 43,418 1,716 95,530 140,664

Interim Financial Report

3rd Quarter Ended 31 December 2025

NOTES TO THE INTERIM FINANCIAL REPORT

19.

FINANCING RECEIVABLES (CONT'D)

The Group applied the latest economic scenarios to reflect probability-weighted range of possible future outcome and factor in forecasted Real Gross Domestic Product, a forward looking element used for the ECL calculation. Accordingly, the ECL during the financial period has been adjusted to reflect the impact of latest economic conditions.

20.

GROUP FINANCING LIABILITIES AND DEBT SECURITIES

Total financing liabilities and debt securities (all denominated in Ringgit Malaysia) of the Group are as follow:

As at 31.12.2025

Short

Long

Term

Term

Total

RM'000

RM'000

RM'000

At amortised cost

Secured:

Shariah

- Sukuk

- Revolving credits

- Term financings

217,052

915,321

1,132,373

300,288

-

300,288

94,245

189,865

284,110

611,585

1,105,186

1,716,771

Conventional

- Revolving credits

- Term loans

166,868

-

166,868

55,560

71,258

126,818

222,428

71,258

293,686

834,013

1,176,444

2,010,457

Unsecured:

Shariah

- Revolving credits

100,060

-

100,060

934,073

1,176,444

2,110,517

Interim Financial Report

3rd Quarter Ended 31 December 2025

NOTES TO THE INTERIM FINANCIAL REPORT

20.

GROUP FINANCING LIABILITIES AND DEBT SECURITIES (CONT'D)

As at 31.12.2024

Short

Long

Term

Term

Total

RM'000

RM'000

RM'000

At amortised cost

Secured:

Shariah

- Sukuk

- Revolving credits

- Term financings

272,141

855,699

1,127,840

269,270

-

269,270

72,286

121,033

193,319

613,697

976,732

1,590,429

Conventional

- Revolving credits

- Term loans

289,563

-

289,563

66,823

126,462

193,285

356,386

126,462

482,848

970,083

1,103,194

2,073,277

Unsecured:

Shariah

- Revolving credits

70,091

-

70,091

1,040,174

1,103,194

2,143,368

As at 31 December 2025, the Group's weighted average profit/interest rate by categories of financing liabilities ranges from 4.5% to 4.8% (31.12.2024: 4.2% to 5.4%) per annum.

The Group's financing liabilities consist of:

31.12.2025

RM'000

31.12.2024

RM'000

Fixed rate

Floating rate

1,196,542 1,196,026

913,975 947,342

2,110,517 2,143,368

Interim Financial Report

3rd Quarter Ended 31 December 2025

NOTES TO THE INTERIM FINANCIAL REPORT

20.

GROUP FINANCING LIABILITIES AND DEBT SECURITIES (CONT'D)

The Group's financing liabilities decreased to RM2.11 billion from RM2.14 billion a year ago. This was primarily due to RM255.0 million Sukuk redemption and RM37.4 million net repayment of financing liabilities, offset with RM260.0 million Sukuk issuance.

21.

CAPITAL COMMITMENTS

31.12.2025

RM'000

Capital expenditure approved and contracted for 688

22.

CHANGES IN CONTINGENT LIABILITIES AND ASSETS

As at 31 December 2025, the letter of credit stood at RM0.8 million, representing an increase of RM0.2 million as compared to 30 September 2025.

Other than as disclosed above, there were no other changes in contingent liabilities or assets since the last financial year ended 31 March 2025.

23.

DERIVATIVES AND FAIR VALUE CHANGES OF FINANCIAL LIABILITIES

(a)

There were no derivatives as at 31 December 2025.

(b)

There were no fair value gain/loss on fair value changes of financial liabilities as all financial

liabilities were measured at amortised cost.

Interim Financial Report

3rd Quarter Ended 31 December 2025

NOTES TO THE INTERIM FINANCIAL REPORT

24.

CHANGES IN MATERIAL LITIGATION

There were no pending material litigation for the Group as at the date of this report.

25.

EARNINGS PER SHARE ("EPS")

INDIVIDUAL

QUARTER

31.12.2025

31.12.2024

CUMULATIVE

QUARTER

31.12.2025

31.12.2024

(a)

Basic EPS:

Profit for the period

attributable to ordinary

equity holders of the

Company

(RM'000) 36,618 30,755 91,916 88,905

Weighted average

number of ordinary

shares in issue

(unit'000)

1,468,035

1,466,276

1,468,035

1,465,894

(sen)

2.49

2.10

6.26

6.06

Basic EPS

Basic EPS for the current quarter and financial period are calculated by dividing the net profit attributable to ordinary equity holders of the Company by the weighted average number of ordinary shares in issue during the current quarter and financial period.

Interim Financial Report

3rd Quarter Ended 31 December 2025

NOTES TO THE INTERIM FINANCIAL REPORT

25.

EPS (CONT'D)

INDIVIDUAL

QUARTER

31.12.2025

31.12.2024

CUMULATIVE

QUARTER

31.12.2025

31.12.2024

(b)

Diluted EPS:

Profit for the period

attributable to ordinary

equity holders of the

Company

Weighted average

number of ordinary

shares in issue

(RM'000) 36,618 30,755 91,916 88,905

(unit'000) 1,468,035 1,466,276 1,468,035 1,465,894

Effects of dilution of ESS (unit'000) 4,203 8,460 4,942 8,898

Adjusted weighted average

number of ordinary shares

in issue

(unit'000) 1,472,238 1,474,736 1,472,977 1,474,792

Diluted EPS (sen) 2.49 2.09 6.24 6.03

Diluted EPS are calculated by dividing the net profit attributable to ordinary equity holders of the Company by the weighted average number of ordinary shares adjusted for dilutive effects of ESS.

Interim Financial Report

3rd Quarter Ended 31 December 2025

NOTES TO THE INTERIM FINANCIAL REPORT

26.

FAIR VALUE OF FINANCIAL INSTRUMENTS

The carrying amount of financial assets and liabilities of the Group for the financial period approximate their fair values except for the following:

31.12.2025

Carrying

amount

Fair value

RM'000

RM'000

Financial assets

Financing receivables

1,950,141 1,965,814

Financial liabilities

Sukuk

1,132,373 1,251,044

BY ORDER OF THE BOARD

JOHNSON YAP CHOON SENG

Company Secretary

25 February 2026

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