KUALA LUMPUR (June 10): Pentech Holdings Bhd has posted its first quarterly earnings ahead of its listing on the ACE Market on June 15.
For the first quarter ended March 31, 2026, the information and communications technology (ICT) solutions provider recorded a net profit of RM1.7 million on revenue of RM66.46 million.
There are no comparative figures as this is the company's first interim financial report.
In a filing on Bursa Malaysia, Pentech said its integration of enterprise ICT infrastructure segment was the largest revenue contributor during the quarter, generating about 57.6% of total revenue. This was followed by its supply of hardware segment, which contributed 19.2% of total revenue.
Pentech said its earnings were affected by RM1.07 million in a one-off expense related to its listing exercise.
The company said Malaysia’s ICT sector continues to offer growth opportunities, supported by digitalisation initiatives and rising demand for technologies such as cloud computing, data centres, cybersecurity, artificial intelligence (AI) and network infrastructure.
Based in Penang, Pentech mainly integrates enterprise information and communication technology infrastructure, supplies hardware and software, and provides cloud and other services.
Upon listing, Pentech is expected to command a market capitalisation of RM124 million.
The company, which priced its initial public offering at 20 sen per share, saw the public portion attract strong demand and was oversubscribed by 120.98 times.
The IPO is set to raise RM34.4 million, which will be mainly used to fund technology upgrades and expansion plans, including establishing a new security operations centre, upgrading its operations command centre infrastructure and expanding its offerings.
The remainder will be used for marketing and promotional activities, working capital and listing-related expenses.
“The industry is further supported by ongoing investments from multinational corporations and a favourable domestic economic environment, providing growth opportunities for ICT service providers such as the company,” said Pentech.