ASM AUTOMATION GROUP BERHAD ANNOUNCES Q1 FY2026, HOLDS SUCCESSFUL 1ST AGM WITH ALL RESOLUTIONS PASSED
First financial results released since listing, shareholders received Annual Report 2025
IPOH, 29 AUGUST 2025 – ASM Automation Group Berhad (“ASM” or the “Group”), an established specialist of automation machinery solutions in Malaysia, today announced its unaudited financial results for the first quarter ended 30 June 2025 (“Q1 FY2026”), in conjunction with the successful conclusion of its First Annual General Meeting (“1st AGM”) held earlier today post Initial Public Offering (“IPO”) exercise.
For Q1 FY2026, ASM recorded revenue of RM8.51 million, primarily contributed by its automation machinery solutions segment (RM7.93 million or 93.3% of total revenue), with the balance of RM0.57 million from complementary solutions segment. The Group achieved a profit before tax of RM0.60 million and profit after tax of RM0.40 million, despite incurring one-off listing expenses of RM0.30 million during the quarter. Excluding these expenses, ASM delivered an adjusted profit after tax of RM0.70 million.
At the 1st AGM, all resolutions tabled were duly passed by shareholders, including the approval of Directors’ fees and benefits, the re-election of the retiring Directors, and the re-appointment of Messrs. Ecovis Malaysia PLT as External Auditors. Shareholders also approved the authority granted to the Board to issue shares pursuant to Sections 75 and 76 of the Companies Act 2016, together with a waiver of pre-emptive rights.
The AGM also marked the formal tabling of ASM’s Annual Report 2025, which included the audited financial statements for the financial year ended 31 March 2025, alongside the Directors’ and Auditors’ Reports.
Mr. Chan Kok Heng, Managing Director of ASM Automation Group Berhad, commented, “We are pleased to present our second interim financial report. Despite the timing of project deliveries impacting revenue recognition compared to the previous quarter, we remain encouraged by the positive industry outlook. The successful conclusion of our 1st AGM and the strong support received from our shareholders provide us with the mandate and confidence to execute our growth strategies effectively.”
Looking ahead, ASM remains optimistic about the outlook for Malaysia’s food and beverage automation machinery solutions industry, which is projected to expand at a compound annual growth rate of 22.8%, reaching RM3.7 billion by 2027. The Group intends to leverage proceeds from its recent IPO to fund factory expansion, purchase more machinery and equipment, enhance design and development capabilities, and strengthen its technical and market presence regionally.
