KUALA LUMPUR (Aug 27): Electronics manufacturing services company EG Industries Bhd's (KL:EG) net profit rose 52.61% year-on-year, driven by stronger sales of 5G wireless access and photonics related products, network switches, and consumer electronics as well as foreign exchange gains.

Net profit for the three months ended June 30, 2025 (4QFY2025) climbed to RM24.75 million, from RM16.22 million a year before. Earnings per share came in at 4.47 sen in 4QFY2025, versus 3.48 sen in 4QFY2024, bourse filings on Wednesday showed.

Quarterly revenue also improved 20.5% to RM417.93 million, from RM346.86 million a year before.

The group has proposed an interim single-tier dividend of half a sen per share for 4QFY2025, lower than one sen per share paid a year before. The entitlement and payment dates will be announced at a later date.

For the full FY2025, net profit rose 74% to RM86.54 million, from RM49.74 million in FY2024, as revenue expanded 22.38% to RM1.4 billion from RM1.14 billion.

Commenting on the FY2025 performance, chief executive officer Datuk Alex Kang Pang Kiang said the outperformance was underpinned by stronger demand for 5G wireless access and photonics-related products, network switches, and consumer electronics.

“Our consistent execution, improved yields, and more favourable product mix enabled us to deliver meaningful growth and further strengthen our financial position despite a challenging macroeconomic environment,” said Kang in a statement.

FY2025 also marked the commencement of operations at the company's flagship Batu Kawan Smart Factory 4.0, which began production in June, Kang noted.

“With pre-operation costs now behind us, this milestone positions us to scale new heights as the facility ramps up, driving future revenue and earnings to surpass even this year’s record-breaking performance. Batu Kawan will be the engine of our next phase of growth, enabling us to manufacture more advanced components at greater efficiency and scale,” he added.

“Backed by long-term partnerships, strategic investments and a growing portfolio of high-value products, EG Industries is well positioned to sustain growth momentum in FY2026 and beyond,” Kang said.

At Wednesday’s closing, the share price of EG Industries settled 1.72% or two sen lower at RM1.14, giving it a market capitalisation of RM1.07 billion.