3Q25 REVENUE MODERATES AMIDST TARIFF EFFECTS; ASSET DISPOSAL PROVIDES EARNINGS SUPPORT

SHAH ALAM, Nov 25 (Bernama) -- Kumpulan Perangsang Selangor Berhad (“KPS Berhad”) or “the Group”) (KPS, Bursa: 5843; Bloomberg: KUPS:MK; Reuters: KPSB.KL) on 24 November 2025 announced its financial results for the third quarter ended 30 September 2025 (“3Q25”). Reflecting mixed performance across its subsidiary companies, KPS Berhad recorded a lower revenue of RM268.7 million from RM275.6 million in the corresponding quarter last year (“3Q24”). Notwithstanding the mixed topline performance, operating profit increased to RM25.7 million from RM11.2 million year-on-year (“YoY”), driven by an asset disposal and lower foreign exchange losses. This led to profit after tax and zakat (“PAT”) registering RM21.1 million, compared with RM4.6 million in the previous year.

HIGHLIGHTS FOR THE QUARTER ENDED 30 SEPTEMBER 2025

The introduction of US tariffs dampened the operating environment and consumer sentiment, contributing to greater volatility across key industries such as electronics, automotive, and healthcare. Demand recovery in the manufacturing sector remained uneven as customers recalibrated their portfolios to align with shifting market conditions. Meanwhile, the packaging sector continued to face challenges from intensified competition originating from China through low-cost exports, resulting in oversupply, heightened price pressures, and market displacement among local players.