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Tag: #Samaiden

  • Samaiden Achieves Record Q2 FY2026 Earnings with Strong Revenue and Profit Growth

    Samaiden Achieves Record Q2 FY2026 Earnings with Strong Revenue and Profit Growth

    Samaiden Group Berhad (“Samaiden” or “the Company”), a renewable energy specialist primarily engaged in the development, engineering, procurement, construction, and commissioning of renewable energy systems and power plants, has announced strong financial results for the quarter ended 31 December 2025 (Q2 FY2026). The Group reported revenue of RM102.79 million, an increase of 28.4% from RM80.05 million in the preceding quarter. The growth in revenue was largely driven by accelerated construction activities and higher progress billings from ongoing utility-scale solar projects. Profit Before Tax rose to RM10.82 million, up 64.9% from RM6.56 million in Q1 FY2026, reflecting stronger project momentum and contributions from projects with healthier margin profiles. Profit After Tax increased by 90.5% to RM9.03 million, compared with RM4.74 million in the previous quarter, underscoring the Company’s ability to convert higher revenue into improved bottom-line growth.

    Datuk Ir. Chow Pui Hee, Group Managing Director of Samaiden, said the quarter’s performance reflects stronger on-site execution and steady progress across the Company’s key projects. Higher construction activities supported increased revenue recognition, while contributions from projects with better margin profiles enhanced overall profitability. Despite recent increases in solar panel prices, the impact on the Company remained minimal, thanks to early procurement planning, strategic sourcing, and disciplined cost management, ensuring projects remain on track. He added that Samaiden continues to focus on operational discipline while executing its growing pipeline of renewable energy projects.

    Malaysia’s renewable energy sector continues to present strong growth opportunities, supported by evolving policy initiatives such as the updated Corporate Renewable Energy Supply Scheme (CRESS), the introduction of Feed-in Tariff 3.0 (FiT 3.0), and the Solar Accelerated Transition Action Programme (Solar ATAP), which was launched following the conclusion of the Net Energy Metering (NEM) programme. Against this positive industry backdrop, Samaiden expects continued growth momentum from the ongoing rollout of renewable energy initiatives.

    As of 31 December 2025, the Group’s order book stood at RM600.5 million, providing a solid foundation for revenue recognition in the coming financial periods. Supported by a healthy project pipeline across CRESS, LSS5+, the Corporate Green Power Program, and rooftop solar initiatives, Samaiden is well-positioned to capture further growth in Malaysia’s renewable energy sector.

  • Samaiden Raih Kontrak EPCC Bernilai RM45 Juta Bagi Loji Solar 9.99MWac di Kedah

    Samaiden Raih Kontrak EPCC Bernilai RM45 Juta Bagi Loji Solar 9.99MWac di Kedah

    Samaiden Group Berhad (“Samaiden”), pakar tenaga boleh diperbaharui yang terlibat secara menyeluruh dalam pembangunan serta kejuruteraan, pemerolehan, pembinaan dan pentauliahan (EPCC) sistem tenaga boleh diperbaharui (RE), hari ini mengumumkan bahawa anak syarikat milik penuhnya, Samaiden Sdn. Bhd. (“SSB”), telah menerima Surat Anugerah (LOA) daripada PAXS Renewables Sdn. Bhd. (“PAXS”) bagi melaksanakan kerja-kerja EPCC untuk loji tenaga solar fotovoltaik berskala besar (LSSPV) berkapasiti 9.99MWac di Padang Cina, Kulim, Kedah.

    Kontrak bernilai RM45.0 juta ini merangkumi keseluruhan skop kerja termasuk reka bentuk, kejuruteraan, pemerolehan, pembinaan, ujian dan pentauliahan loji LSSPV tersebut. Projek ini telah mendapat kelulusan daripada Suruhanjaya Tenaga (ST) pada Disember 2024 di bawah Program Solar Berskala Besar 5 (LSS5), sekali gus memperkukuh kedudukan Samaiden dalam sektor solar utiliti di Malaysia.

    Kerja-kerja akan dimulakan serta-merta selepas tarikh LOA iaitu pada 19 Mei 2025. Namun, pelaksanaan di tapak akan hanya bermula selepas semua syarat kontrak dipenuhi dan notis rasmi dikeluarkan. Tarikh Operasi Komersial (COD) projek ini disasarkan pada 12 Julai 2027.

    PAXS, selaku pihak pemberi kontrak, merupakan syarikat tempatan yang aktif dalam pemasangan sistem tenaga solar serta operasi fasiliti penjanaan elektrik. Kerjasama ini mencerminkan keyakinan terhadap kebolehan teknikal dan rekod prestasi Samaiden dalam menyampaikan penyelesaian infrastruktur tenaga boleh diperbaharui secara menyeluruh.

    Pengarah Urusan Kumpulan Samaiden, Datuk Ir. Chow Pui Hee berkata, “Kejayaan kontrak ini di bawah LSS5 adalah satu pengiktirafan terhadap keupayaan Samaiden sebagai rakan EPCC solar yang dipercayai. Ia turut mencerminkan komitmen berterusan kami untuk menyokong agenda tenaga lestari negara sambil mencipta nilai jangka panjang melalui pelaksanaan projek yang konsisten.”

    Samaiden terus meraih kejayaan strategik bukan sahaja di Malaysia, malah di peringkat serantau. Syarikat ini kekal fokus dalam memperluaskan portfolio tenaga boleh diperbaharuinya sambil memberikan pulangan mampan kepada semua pemegang kepentingan.