RCE Capital Berhad |
Registration No: 195301000151 (2444-M) |
Incorporated in Malaysia |
Interim Financial Report |
4th Quarter Ended 31 March 2026 |
3. | Profit for the financial period/year | 34,653 |
4. | Profit attributable to | |
ordinary equity holders | ||
of the Company | 34,653 |
PERIOD/YEAR ENDED 31 MARCH 2026
1. | Revenue |
INDIVIDUAL QUARTER | CUMULATIVE QUARTER | ||
31.03.2026 | 31.03.2025 | 31.03.2026 | 31.03.2025 |
RM'000 | RM'000 | RM'000 | RM'000 |
79,514 | 92,823 | 323,234 | 331,671 |
2. | Profit before tax | 46,591 | 27,238 | 172,059 | 146,531 |
AS AT END OF |
CURRENT |
QUARTER |
AS AT PRECEDING |
FINANCIAL |
YEAR END |
5. | Basic earnings per | |
ordinary share (sen) | 2.36 | |
6. | Proposed/Declared dividend | |
per share (sen) | 3.50 |
7. | Net assets per share attributable |
to ordinary equity holders of | |
the Company (RM) |
16,633 | 126,569 | 105,538 |
16,633 | 126,569 | 105,538 |
1.13 | 8.62 | 7.20 |
3.50 | 6.50 | 6.50 |
INDIVIDUAL QUARTER | |
31.03.2026 | 31.03.2025 |
RM'000 | RM'000 |
CUMULATIVE QUARTER | |
31.03.2026 | 31.03.2025 |
RM'000 | RM'000 |
8. | Gross interest income | - | 2 |
9. | Gross interest expense | 41 | 36 | 184 | 238 |
RCE Capital Berhad |
Registration No: 195301000151 (2444-M) |
Incorporated in Malaysia |
Interim Financial Report |
4th Quarter Ended 31 March 2026 |
INDIVIDUAL QUARTER | |
3 MONTHS ENDED | |
31.03.2026 | 31.03.2025 |
RM'000 | RM'000 |
CUMULATIVE QUARTER | |
12 MONTHS ENDED | |
31.03.2026 | 31.03.2025 |
RM'000 | RM'000 |
Profit/interest income |
Other revenue |
70,402 |
9,112 |
76,570 |
16,253 |
287,163 |
36,071 |
292,369
Revenue | 79,514 | 92,823 |
Other income | 8,170 | 8,788 |
Profit/interest expense applicable to revenue | (21,340) | (24,896) |
Directors' remuneration and staff costs | (8,429) | (7,597) |
Allowances for impairment loss on | ||
receivables, net | (4,804) | (15,016) |
Depreciation of plant and equipment and | ||
right-of-use ("ROU") assets | (726) | (988) |
Amortisation of intangible assets | (529) | (279) |
Impairment of goodwill on consolidation | - | (18,989) |
Other expenses | (5,224) | (6,572) |
Finance costs | (41) | (36) |
Profit before tax | 46,591 | 27,238 |
39,302
323,234 |
33,166 |
(93,697) |
(34,319) |
331,671 |
36,243 |
(100,322) |
(33,853) |
(3,477) |
(1,864) |
- |
(26,463) |
(184) |
172,059 |
(4,086) |
(387) |
(18,989) |
(26,004) |
(238) |
146,531 |
Income tax expense | (11,938) |
Profit/Total comprehensive income | |
for the financial period/year | 34,653 |
(10,605) (45,490) (40,993)
16,633 126,569 105,538
Attributable to: | |
Owners of the Company | 34,653 |
Earnings per ordinary share (sen): | |
Basic | 2.36 1.13 |
Diluted | 2.36 1.13 |
16,633 126,569 105,538
8.62 7.20 8.60 7.16The 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 |
4th Quarter Ended 31 March 2026 |
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 |
4,376 |
4,963 |
68,380 |
1,737,567 |
93,519 |
1,908,805 |
4,911 |
2,518 |
50,244 |
1,722,953 |
90,705 |
1,871,331 |
204,881 |
(4,948) |
670,721 |
870,654 |
204,881 |
(4,948) |
639,581 |
839,514 |
- |
507 |
1,117,004 |
2,103 |
49,547 |
1,169,161 |
4,228 |
532 |
1,132,397 |
36 |
46,427 |
1,183,620 |
CONDENSED STATEMENT OF FINANCIAL POSITION |
AS AT AS AT |
31.03.2026 31.03.2025 |
RM'000 RM'000 |
239,720 |
44,395 |
47,526 |
681,270 |
82,081 |
1,094,992 |
3,003,797 |
227,111 |
54,850 |
65,385 |
625,626 |
141,855 |
1,114,827 |
2,986,158 |
36,920 |
400 |
918,914 |
989 |
6,759 |
963,982 |
2,133,143 |
29,732 |
365 |
925,635 |
1,018 |
6,274 |
963,024 |
2,146,644 |
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 4th Quarter Ended 31 March 2026
CONDENSED STATEMENT OF CHANGES IN EQUITY Reserves Employees' ShareShare 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 | - | - | - | 105,538 | 105,538 | 105,538 |
Transactions with owners | ||||||
Dividends | - | - | - | (95,338) | (95,338) | (95,338) |
Options under ESS: | ||||||
- Granted | - | - | 5,372 | - | 5,372 | 5,372 |
- Exercised | 2,964 - | (3,530) (5,265) | (8,795) (5,831) | |||
- Cancelled | - | - | (89) 89 | - | - | |
Total transactions with owners | 2,964 | - | 1,753 | (100,514) | (98,761) | (95,797) |
As at 31 March 2025 | 204,881 | (4,948) | 4,694 | 634,887 | 639,581 | 839,514 |
As at 1 April 2025 | 204,881 | (4,948) | 4,694 | 634,887 | 639,581 | 839,514 |
Total comprehensive income | - | - | - | 126,569 | 126,569 | 126,569 |
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 | - - | (1,818) (1,623) | (3,441) (3,441) | |||
- Cancelled | - | - | (389) 389 | - | - | |
Total transactions with owners | - | - | 1,227 | (96,656) | (95,429) | (95,429) |
As at 31 March 2026 | 204,881 | (4,948) | 5,921 | 664,800 | 670,721 | 870,654 |
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 |
4th Quarter Ended 31 March 2026 |
CASH FLOWS FROM OPERATING ACTIVITIES |
Profit before tax |
Adjustments for: |
Allowances for impairment loss on receivables, net |
Depreciation of plant and equipment and ROU assets |
ESS expense |
Amortisation of intangible assets |
Finance costs |
Impairment of goodwill on consolidation |
Plant and equipment written off |
Profit and interest income from deposits and bank balances |
Gain on disposal of plant and equipment |
Operating profit before working capital changes |
CUMULATIVE |
QUARTER |
31.03.2026 |
RM'000 |
CUMULATIVE QUARTER 31.03.2025 RM'000
172,059 146,53124,337 |
3,477 |
3,434 |
1,864 |
184 |
- |
- |
(26,407) |
(94) |
178,854 |
37,504 |
4,086 |
5,395 |
387 |
238 |
18,989 |
865 |
(27,744) |
- |
186,251 |
(Increase)/Decrease in working capital: |
Financing receivables |
Trade receivables |
Other receivables, deposits and prepaid expenses |
(51,570) |
10,465 |
8,112 |
(14,528) |
(235) |
(14,796) |
Increase in working capital: |
Payables and accrued expenses |
Cash generated from operations |
3,122 |
148,983 |
2,037 |
158,729 |
Taxes paid |
Taxes refunded |
Net cash generated from operating activities |
(52,490) |
5,122 |
101,615 |
(67,725) |
377 |
91,381 |
CASH FLOWS FROM INVESTING ACTIVITIES |
Profit and interest income from deposits and bank balances |
Proceeds from disposal of plant and equipment |
Disposal of ROU assets |
Acquisition of intangible asset |
Additions to plant and equipment |
Deposit payment for asset under hire-purchase |
Acquisition of subsidiary company, net of cash acquired |
Net cash generated from investing activities |
26,407 |
94 |
- |
(6,000) |
(1,761) |
(119) |
- |
18,621 |
27,744 |
- |
71 |
- |
(1,183) |
- |
(21,762) |
4,870 |
CONDENSED STATEMENT OF CASH FLOWS | ||
CUMULATIVE | CUMULATIVE | |
QUARTER | QUARTER | |
31.03.2026 | 31.03.2025 | |
RM'000 | RM'000 | |
CASH FLOWS FROM FINANCING ACTIVITIES | ||
Drawdown of: | ||
- revolving credits | 1,343,100 | 1,079,500 |
- term financings/loans | 145,000 | 260,000 |
- other financing liabilities | 1,239 | 2,421 |
Issuance of Sukuk Murabahah ("Sukuk") | 260,000 | 125,000 |
Proceeds from issuance of shares | - | 2,964 |
Repayments of: | ||
- revolving credits | (1,383,600) | (1,052,800) |
- term financings/loans | (183,216) | (151,217) |
- other financing liabilities | (1,040) | (2,421) |
- lease liabilities | (1,018) | (965) |
- hire-purchase payables | (389) | (403) |
Redemptions of Sukuk | (205,000) | (325,000) |
Dividends paid | (95,422) | (95,338) |
(Placements)/withdrawal of deposits, cash and bank balances, net: | ||
- assigned in favour of the trustees | (56,917) | 119,117 |
- pledged to licensed financial institutions | 5,037 | (16,560) |
Cash settlement for ESS | (3,954) | (10,583) |
Finance costs paid | (66) | (130) |
Net cash used in financing activities | (176,246) | (66,415) |
Net change in cash and cash equivalents |
Cash and cash equivalents at beginning of financial year |
Cash and cash equivalents at end of financial year |
(56,010) |
77,723 |
21,713 |
29,836 |
47,887 |
77,723 |
CASH AND CASH EQUIVALENTS AS AT END OF FINANCIAL YEAR COMPRISE THE FOLLOWING: | |||
Deposits with licensed financial institutions | 681,270 | 625,626 | |
Cash and bank balances | 82,081 | 141,855 | |
763,351 | 767,481 | ||
Less: Deposits, cash and bank balances | |||
- assigned in favour of the trustees | (688,797) | (631,880) | |
- pledged to licensed financial institutions | (52,841) | (57,878) | |
21,713 | 77,723 | ||
Interim Financial Report |
4th Quarter Ended 31 March 2026 |
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 |
4th Quarter Ended 31 March 2026 |
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 year.
Interim Financial Report |
4th Quarter Ended 31 March 2026 |
6. | CHANGES IN ESTIMATES |
There were no changes in estimates that have a material effect for the current quarter and financial year. |
7. | DEBT AND EQUITY SECURITIES |
There were no issuance, repurchase and repayment of debt and equity securities for the financial period/year 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 |
31.03.2026 |
RM'000 |
CUMULATIVE |
QUARTER |
31.03.2026 |
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 |
31.03.2026 |
RM'000 |
CUMULATIVE |
QUARTER |
31.03.2026 |
RM'000 |
Issuance |
Redemption upon maturity |
Early redemption |
- 160,000 |
50,000 160,000 |
45,000 45,000 |
Interim Financial Report |
4th Quarter Ended 31 March 2026 |
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 March 2026, the number of ordinary shares, net of treasury shares is 1,468,035,142.
[The remaining of this page is intentionally left blank]Interim Financial Report |
4th Quarter Ended 31 March 2026 |
8. | DIVIDENDS |
31.03.2026 | 31.03.2025 |
RM'000 | RM'000 |
- | 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 |
Interim Financial Report |
4th Quarter Ended 31 March 2026 |
8. | DIVIDENDS (CONT'D) |
The Board of Directors ("Board") has declared a second interim dividend of 3.50 sen per ordinary share ("2nd interim dividend") in respect of financial year ended 31 March 2026, to be paid on 30 June 2026. The dividend payable is estimated at RM51,381,230 based on the latest number of ordinary shares, net of treasury shares.
The entitlement date for the dividend payment is 16 June 2026.
A depositor shall qualify for entitlement to the dividend only in respect of:
(a) | shares transferred into the depositor's securities account before 4.30 pm on 16 June 2026 in respect of ordinary transfers; and |
(b) | shares bought from Bursa on a cum entitlement basis. |
This 2nd interim dividend will be accounted for in equity as an appropriation of retained earnings in the financial year ending 31 March 2027.
Total dividend declared in respect of the financial year ended 31 March 2026 is 6.50 sen per ordinary share.
The Board does not recommend any final dividend for the financial year ended 31 March 2026.
9. | SEGMENT INFORMATION |
Segmental reporting is not presented as the Group is primarily engaged in the provision of shariah-compliant and conventional financing services.
[The remaining of this page is intentionally left blank]Interim Financial Report |
4th Quarter Ended 31 March 2026 |
10. | PROFIT BEFORE TAX |
The following items have been credited/(charged) in arriving at the profit before tax:
INDIVIDUAL |
QUARTER |
31.03.2026 |
RM'000 |
CUMULATIVE |
QUARTER |
31.03.2026 |
RM'000 |
Income from deposits and bank balances: |
- profit income |
- interest income |
6,597 26,402 |
- 5 |
6,597 26,407 |
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 year.
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 except as disclosed in Note 18.
[The remaining of this page is intentionally left blank]Interim Financial Report |
4th Quarter Ended 31 March 2026 |
12. | CHANGES IN THE COMPOSITION OF THE GROUP |
There was no change in the composition of the Group during the financial year.
13. | REVIEW OF PERFORMANCE |
31.03.2026 RM'000 | 31.03.2025 RM'000 | Variance RM'000 | % | 31.03.2026 RM'000 | 31.03.2025 RM'000 | Variance RM'000 | % | ||
Revenue | 79,514 | 92,823 | (13,309) | (14.3) | 323,234 | 331,671 | (8,437) | (2.5) | |
Profit before tax | 46,591 | 27,238 | 19,353 | 71.1 | 172,059 | 146,531 | 25,528 | 17.4 | |
Profit for the financial period/year Profit attributable to ordinary equity holders of the Company | 34,653 34,653 | 16,633 16,633 | 18,020 18,020 | 108.3 108.3 | 126,569 126,569 | 105,538 105,538 | 21,031 21,031 | 19.9 19.9 | |
For the current quarter, the Group recorded a revenue of RM79.5 million as compared to RM92.8 million in corresponding quarter. This was mainly due to lower early settlement and fee income.
Meanwhile, the Group recorded higher pre and post-tax profits primarily attributable to the absence of RM19.0 million goodwill impairment recognised in corresponding quarter.
For the current financial year, the Group registered a revenue of RM323.2 million as compared to RM331.7 million a year ago. This was largely due to lower early settlement income following lower refinancing activities from customers.
All-in-all, the Group posted higher pre and post-tax profits of RM172.1 million and RM126.6 million respectively. This was mainly due to the absence of goodwill impairment and lower allowances for impairment loss on receivables. Excluding the effects of RM19.0 million goodwill impairment recorded in the previous financial year, the Group still registered an improvement in earnings.
Interim Financial Report |
4th Quarter Ended 31 March 2026 |
14. | MATERIAL CHANGE IN RESULTS OF CURRENT QUARTER COMPARED WITH PRECEDING QUARTER |
INDIVIDUAL QUARTER | |||
31.03.2 | 026 31.12.2 | 025 Varianc | e |
RM' | 000 RM' | 000 RM'000 | % |
79,514 | 81,261 | (1,747) | (2.1) | |
46,591 | 48,570 | (1,979) | (4.1) | |
d | 34,653 | 36,618 | (1,965) | (5.4) |
y | ||||
pany | 34,653 36,618 (1,965) (5.4) | |||
Revenue 79,514 81,261 (1,747) (2.1)
Profit before tax 46,591 48,570 (1,979) (4.1)
Profit for the financial period 34,653 36,618 (1,965) (5.4)
Profit attributable to ordinary
equity holders of the Company 34,653 36,618 (1,965) (5.4)
Revenue |
Profit before tax |
Profit for the financial perio |
Profit attributable to ordinar |
equity holders of the Com |
The Group's revenue of RM79.5 million was lower as compared to preceding quarter. This was mainly due to lower early settlement income.
Correspondingly, the Group posted lower pre and post-tax profits of RM46.6 million and RM34.7 million respectively.
15. | CURRENT YEAR PROSPECTS |
The Group will continue to focus on credit underwriting, risk management and responsible financing as part of growth strategy while safeguarding portfolio quality. To complement these, targeted marketing and strategic digitalisation initiatives have been implemented to expand market reach and enhance customer engagement.
The Group expects to be profitable for the coming financial year.
[The remaining of this page is intentionally left blank]Interim Financial Report |
4th Quarter Ended 31 March 2026 |
16. | PROFIT FORECAST |
There were no profit forecast prepared or profit guarantee made by the Group.
17. | INCOME TAX EXPENSE |
INDIVIDUAL |
QUARTER |
31.03.2026 |
RM'000 |
CUMULATIVE |
QUARTER |
31.03.2026 |
RM'000 |
Income tax payable: |
Current period/year |
Over provision in prior years |
10,482 50,264 |
- (5,080) |
10,482 45,184 |
Deferred tax: |
Current period/year |
Over provision in prior years |
1,456 | 374 |
- | (68) |
1,456 | 306 |
11,938 | 45,490 |
The effective tax rate of the Group in the current quarter and financial year 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 or pending completion as at the date of this report except on 26 May 2026, AmInvestment Bank Berhad, on behalf of the Board of Directors of the Company, announced that the Company proposes to establish a new employees' share scheme of up to 15% of the total number of issued shares in the Company (excluding treasury shares) at any point in time, to eligible executive directors (if any) and employees of the Group ("Proposed ESS"). The Proposed ESS will comprise an employees' share option scheme and a restricted share grant plan.
Barring any unforeseen circumstances and subject to the relevant approvals being obtained, the Proposed ESS is expected to be implemented by first quarter of 2027.
Interim Financial Report |
4th Quarter Ended 31 March 2026 |
19. | FINANCING RECEIVABLES |
As at 31.03.2026 | ||
Receivables | ||
Financing | Loans | Total |
RM'000 | RM'000 | RM'000 |
At amortised cost, gross |
Less: Allowances for impairment |
2,109,584 | 4,182 2,113,766 |
(135,223) | (1,256) (136,479) |
1,974,361 | 2,926 1,977,287 |
(239,195) | (525) (239,720) |
1,735,166 | 2,401 1,737,567 |
Amount receivable within one year |
Non-current portion |
During the financial year, 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 |
New financial assets originated or |
purchased |
Financial assets derecognised |
Changes in risk parameters |
Written off |
Balance as at 31 March 2026 |
Balance as at 1 April 2025 43,418 1,716 95,530 140,664
577 | (263) | (16,281) | (15,967) |
(139) | 1,168 | (2,359) | (1,330) |
(1,249) | (664) | 55,014 | 53,101 |
(811) 241 36,374 35,804
12,379 | - | - | 12,379 |
(2,356) | (36) | (2,826) | (5,218) |
(7,799) | (148) | (10,671) | (18,618) |
- | - | (28,532) | (28,532) |
44,831 | 1,773 | 89,875 | 136,479 |
Interim Financial Report |
4th Quarter Ended 31 March 2026 |
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 year 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 31.03.2026 | ||
Short | Long | |
Term | Term | Total |
RM'000 | RM'000 | RM'000 |
At amortised cost |
Secured: |
Shariah |
- Sukuk |
- Term financings |
- Revolving credits |
215,115 | 820,814 | 1,035,929 |
116,906 | 237,343 | 354,249 |
258,258 | - | 258,258 |
590,279 | 1,058,157 | 1,648,436 |
Conventional |
- Revolving credits |
- Term loans |
260,094 | - | 260,094 |
51,339 | 58,847 | 110,186 |
311,433 | 58,847 | 370,280 |
901,712 | 1,117,004 | 2,018,716 |
Unsecured: |
Shariah |
- Revolving credits |
Conventional |
- Bankers' acceptance |
17,003 - 17,003
199 | - | 199 |
17,202 | - | 17,202 |
918,914 | 1,117,004 | 2,035,918 |
Interim Financial Report |
4th Quarter Ended 31 March 2026 |
20. | GROUP FINANCING LIABILITIES AND DEBT SECURITIES (CONT'D) |
As at 31.03.2025 | ||
Short | Long | |
Term | Term | Total |
RM'000 | RM'000 | RM'000 |
At amortised cost |
Secured: |
Shariah |
- Sukuk |
- Term financings |
- Revolving credits |
173,610 | 806,100 | 979,710 |
108,377 | 216,404 | 324,781 |
265,900 | - | 265,900 |
547,887 | 1,022,504 | 1,570,391 |
Conventional |
- Revolving credits |
- Term loans |
197,929 | - | 197,929 |
66,748 | 109,893 | 176,641 |
264,677 | 109,893 | 374,570 |
812,564 | 1,132,397 | 1,944,961 |
Unsecured: |
Shariah |
- Revolving credits |
Conventional |
- Revolving credits |
105,067 - 105,067
8,004 | - | 8,004 |
113,071 | - | 113,071 |
925,635 | 1,132,397 | 2,058,032 |
As at 31 March 2026, the Group's weighted average profit/interest rate by categories of financing liabilities ranges from 4.4% to 5.1% (31.03.2025: 4.5% to 5.1%) per annum.
The Group's financing liabilities consist of:
31.03.2026 |
RM'000 |
31.03.2025 |
RM'000 |
Fixed rate |
Floating rate |
1,098,929 1,046,971 |
936,989 1,011,061 |
2,035,918 2,058,032 |
Interim Financial Report |
4th Quarter Ended 31 March 2026 |
20. | GROUP FINANCING LIABILITIES AND DEBT SECURITIES (CONT'D) |
The Group's financing liabilities decreased to RM2.04 billion from RM2.06 billion a year ago. This was primarily due to RM205.0 million Sukuk redemptions and RM78.5 million net repayment of financing liabilities, offset with RM260.0 million Sukuk issuance.
21. | CAPITAL COMMITMENTS |
31.03.2026 |
RM'000 |
Capital expenditure approved and contracted for 864
22. | CHANGES IN CONTINGENT LIABILITIES AND ASSETS |
As at 31 March 2026 and 31 March 2025, there were no outstanding letter of credit.
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 March 2026. |
(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 |
4th Quarter Ended 31 March 2026 |
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 | |
31.03.2026 | 31.03.2025 |
CUMULATIVE | |
QUARTER | |
31.03.2026 | 31.03.2025 |
(a) | Basic EPS: |
Profit for the period/year |
attributable to ordinary |
equity holders of the |
Company |
(RM'000) 34,653 16,633 126,569 105,538
Weighted average |
number of ordinary |
shares in issue |
(unit'000) | 1,468,035 | 1,468,015 | 1,468,035 | 1,466,417 |
(sen) | 2.36 | 1.13 | 8.62 | 7.20 |
Basic EPS
Basic EPS for the current quarter and financial year 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 year.
Interim Financial Report |
4th Quarter Ended 31 March 2026 |
25. | EPS (CONT'D) |
INDIVIDUAL | |
QUARTER | |
31.03.2026 | 31.03.2025 |
CUMULATIVE | |
QUARTER | |
31.03.2026 | 31.03.2025 |
(b) | Diluted EPS: |
Profit for the period/year |
attributable to ordinary |
equity holders of the |
Company |
Weighted average |
number of ordinary |
shares in issue |
(RM'000) 34,653 16,633 126,569 105,538
(unit'000) 1,468,035 1,468,015 1,468,035 1,466,417
Effects of dilution of ESS (unit'000) 2,485 3,638 4,043 7,298
Adjusted weighted average | |
number of ordinary shares | |
in issue | (unit'000) 1,470,520 1,471,653 1,472,078 1,473,715 |
Diluted EPS (sen) 2.36 1.13 8.60 7.16
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 |
4th Quarter Ended 31 March 2026 |
26. | FAIR VALUE OF FINANCIAL INSTRUMENTS |
The carrying amount of financial assets and liabilities of the Group for the financial year approximate their fair values except for the following:
31.03.2026 | |
Carrying | |
amount | Fair value |
RM'000 | RM'000 |
Financial assets |
Financing receivables |
1,977,287 2,018,457
Financial liabilities |
Sukuk |
Term financing |
1,035,929 |
63,000 |
1,065,162 |
63,424 |
BY ORDER OF THE BOARD |
JOHNSON YAP CHOON SENG |
Company Secretary |
26 May 2026 |