26/02/2026

BIZ & FINANCE THURSDAY | FEB 26, 2026

15 Stronger billboard demand lifts Seni Jaya

o Higher utilisation rates and disciplined cost control drive earnings momentum and maiden dividend

KUALA Jaya Corporation Bhd, a dynamic and leading Out-of-Home (OOH) media specialist, delivered continued earnings momentum supported by stronger billboard demand, improved operating leverage and disciplined execution of its growth strategy. For Q2 ended Dec 31, 2025 (FY26), the group recorded revenue of RM22.8 million, representing a 19% year-on-year (YoY) increase from RM19.2 million in the same quarter last year. Profit before tax (PBT) came in at RM6 million, reflecting stable profitability amid a more competitive advertising landscape, while profit after tax (PAT) stood at RM5.1 million. On a quarter-on-quarter (QoQ) basis, Seni Jaya delivered a notable earnings uplift, with PBT rising by RM1.4 million or 30% from RM4.6 million in the preceding quarter ended Sept 30, 2025. The improvement was driven by higher revenue and gross profit, underpinned by increased billboard advertising demand across core locations and higher production related income, which rose 121% QoQ. These results highlight the operating scalability of the group’s OOH platform as utilisation rates improve. For the six months of FY26, the group posted revenue of RM44.9 million, up 22% YoY from RM36.8 million, while PBT rose 18% YoY to LUMPUR: Seni

RM10.6 million. The half-year performance was supported by higher billboard occupancy, disciplined cost management and the effective execution of strategic initiatives across the group’s asset base. On a core/normalised basis, excluding non-core items, Seni Jaya’s core PAT for Q2 FY26 amounted to RM4.2 million, translating into a core PAT margin of 18%. The softer earnings compared with Q2 last year were mainly due to tax adjustments and the utilisation of capital allowances and carried forward business losses during the quarter, rather than weaker operating performance. Building on post-2021 consolidation and foundation building phase, the board has also declared the group’s first interim dividend of 1 sen per ordinary share, amounting to approximately RM2.1 million, reflecting group’s confidence in cash flow generation and earnings sustainability. This dividend marks an important milestone as Seni Jaya begins to progressively reward shareholders while continuing to reinvest for long term growth. Seni Jaya CEO Jeff Cheah See Heong said the Q2’26 results reflect continued operational momentum, particularly on a sequential basis. “The strong QoQ growth in PBT underscores the resilience of our OOH platform and the benefits of higher asset utilisation as advertiser stronger

Acquisitions of Unilink Group, Vision OOH and Ganad Media set to broaden group’s nationwide footprint. – SENI JAYA WEBSITE

Against this backdrop, OOH continues to demonstrate resilience, supported by urbanisation and sustained commuter volumes. The group remains focused on long-term growth through portfolio expansion and asset upgrades, including developing high-value sites and converting selected static billboards to digital. Following the acquisitions of Unilink Group, Vision OOH, and Ganad Media, the group has further strengthened its market presence and capabilities, broadened its footprint across key urban and transit locations, and enhanced its ability to deliver nationwide reach, diverse formats and cross-platform solutions, supporting sustainable long-term growth. with RM55 million or 8.9% of the total group revenue,” it said. For the fourth quarter (Q4) of FY25, the group’s net profit increased to RM59.52 million from RM8.29 million in Q4’24. Revenue for Q4’25 climbed up to RM615.55 million from RM337.56 million due to the reduction in operating expenses, finance costs and forex gains during the quarter. On prospects, the group said it remains positive and optimistic about its future to achieve improved financial performance progressively. – Bernama

unlock synergies, positioning Seni Jaya for sustainable long-term growth,” Cheah said. Malaysia’s macroeconomic backdrop remains supportive, with Bank Negara Malaysia projecting continued growth in 2026, underpinned by resilient domestic demand, steady private consumption and sustained investment activities across key sectors, which are expected to reinforce economic stability and support business expansion. While industry forecasts point to a more cautious advertising environment after a sharper decline in 2025, advertisers are expected to prioritise channels that deliver strong reach, visibility and measurable outcomes. operational KUALA LUMPUR: Eversendai Corp Bhd’s net profit surged to RM110.41 million for the financial year ended Dec 31, 2025 (FY25) from RM13.4 million in FY24. In a filing with Bursa Malaysia yesterday, revenue for FY25 rose by 71.1%, or RM887.1 million, to RM2.14 billion from RM1.25 billion previously, mainly due to all ongoing projects progressing as per schedule, continuous efforts to reduce operating expenses, and reduced finance costs and forex gains. “The group’s Middle East segment continues to contribute the largest share of the revenue during the current quarter, which amounted to RM456.6 million or 74.2%, followed by India with RM104 million or 16.9% and Southeast As ia

demand gradually improves. “Importantly, the group continues to generate solid cash flows while expanding its asset base. “The declaration of our first interim dividend also reflects management’s confidence in the group’s strengthened foundations and our commitment to deliver sustainable returns to shareholders,” he said in a statement. He added that as the group progresses through FY26, it remains focused on strengthening market position through portfolio expansion and integration. “The acquisitions of Unilink Group, Vision OOH Sdn Bhd and Ganad Media Sdn Bhd will further enhance our nationwide footprint, broaden our premium inventory and

Eversendai’s full-year net profit surges to RM110.4 million

Group remains

focused on enhancing value across its supply chain to manage rising commodity costs. – NESTLE MALAYSIA WEBSITE

Nestle reports strong Q4, FY25 results, declares 90 sen third interim dividend

KUALA LUMPUR: Nestle (Malaysia) Bhd’s net profit increased to RM513.03 million in the financial year ended Dec 31, 2025 (FY25), from RM415.62 million a year earlier, driven by the combined effect of solid revenue growth and disciplined management of costs along the value chain. Revenue for the year also rose to RM6.88 billion from RM6.22 billion, driven by strong domestic demand and double-digit expansions in export sales, reflecting the global competitiveness of the group’s 100% halal-certified, made in Malaysia products. “On the back of this strong performance and in line with its

that supported market share gains across key categories,” Nestle said. Revenue for the quarter also went up to RM1.68 billion against RM1.47 billion year-on-year, underpinned by robust double digit growth across both domestic and export markets, which expanded by 14.1% and 14.4%, respectively. Looking ahead in 2026, Nestle said the group is well-positioned to continue delivering long-term value on the back of Malaysia’s resilient economic fundamentals, steady domestic demand, and a food and beverage sector that continues to demonstrate long-term strength. – Bernama

commitment to shareholder value, the board has declared a third interim dividend of 90 sen per share for the year ended Dec 31, 2025 – 16 sen higher than the third interim dividend of 2024,” Nestle said in a filing with Bursa Malaysia yesterday. For the fourth quarter ended Dec 31, 2025, Nestle’s net profit jumped to RM125.53 million from last year’s RM41.1 million, driven by strong topline growth, disciplined cost management, and ongoing measures to enhance operational efficiencies. “Despite the impact of higher commodity costs, these efforts enabled the group to continue driving strategic brand investments

Eversendai continues prioritising disciplined project delivery to strengthen long term profitability. - EVERSENDAI WEBSITE