KUALA LUMPUR (Sept 24): Superlon Holdings Bhd (KL:SUPERLN) reported its highest quarterly net profit in a decade as  revenue hit a record on higher contribution from its manufacturing division and better margins.

Net profit for the first quarter ended July 31, 2026 (1QFY2027) surged 77.56% year-on-year to RM5.48 million from RM3.08 million, the thermal insulation solution maker’s bourse filing on Thursday showed.  

This is the company's highest quarterly net profit since 4QFY2017, when it reported RM6.37 million.

Revenue in 1QFY2027 increased 17.84% to RM39.23 million, from RM33.29 million a year earlier.

Gross profit margin expanded to 34.13% from 25.96%. Superlon attributed the stronger margin to a higher product mix contribution from its manufacturing division relative to the trading division, as well as margin enhancement initiatives and improved production efficiency.

The company did not propose a dividend for the quarter.

The manufacturing division saw its revenue rising 24.3% to RM33.8 million from RM27.22 million a year earlier, on higher sales volumes in both local and export markets. Profit before tax more than doubled to RM7.9 million from RM3.8 million, mainly due to higher gross profit and better gross margins.

In contrast, the trading division's revenue fell 11.5% to RM5.4 million from RM6.1 million, while it swung to a loss before tax of RM91,000 from a profit before tax of RM390,000. Superlon said the weaker trading revenue was mainly due to lower market demand and higher copper costs.

Looking ahead, Superlon said the international operating environment is expected to moderate, with global trade facing headwinds.

It expects demand to be influenced by geopolitical tensions, logistics costs and raw-material costs, while local demand is expected to remain supported by domestic consumption and development.

The company expects higher raw-material and transportation costs to become more pronounced from the next financial quarter and plans to implement cost-management initiatives and plant optimisation to cushion the impact.

Separately, Superlon announced the appointment of Jeremy Liu as its new chief executive officer, succeeding his mother Jessica Liu Hsiu-Lin, 69, in an internal re-organisation.

Jeremy Liu, 40, has been working in the company since February 2010. He started as assistant research and development manager and was later promoted to production development and technical manager to oversee production development and technical areas in 2014.

Subsequently, in 2015, he was promoted to division director and now oversees production development and technical matters, factory management, as well as product research and development.

The Australian citizen currently holds a 27.5% stake in the company, including a 22.99% indirect interest held through his mother.

Superlon’s share price settled unchanged at 90 sen, giving the stock a market capitalisation of RM144 million. The stock has rallied over 20% since the start of this year.