META Bright Group Bhd, a Main Market-listed diversified conglomerate, has posted commendable performance for its FY2025 ended June 30, 2025 driven by broad-based contributions across its key business segments.
The group’s revenue for the period under review climbed 133% year-on-year (yoy) to RM240.04 mil (FY 6/2024: RM103.14 mil) while its net profit edged up 22% to RM12.94 mil (FY 6/2024: RM10.62 mil).
Although profit for the final quarter was slightly lower yoy – excluding a one-off valuation gain – the group delivered a stronger underlying performance with higher recurring contributions across core segments.
The building materials segment continued to be the largest contributor by having generated RM192.5 mil in FY2025 (FY6/2024: RM60.5 mil), reflecting a three-fold increase following the full-year consolidation of Expogaya Sdn Bhd which is one of Sabah’s leading ready-mix concrete suppliers.
The segment benefited directly from the state’s RM6.7 bil allocation under Budget 2025 and on-going infrastructure works, including the Pan Borneo Highway and Sabah-Sarawak Link Road projects.
The hospitality segment delivered RM24.9 mil in revenue, a 2% yoy increase (FY6/2024: RM24.4 mil), supported by higher demand for convention centre bookings and room sales at The Grand Renai which is the only five-star hotel in Kelantan.
The leasing and financing segment contributed RM9.4 mil, primarily from higher rental income recognised in Australia before the onset of tariff-related challenges.
The overseas leasing business was subsequently divested via the disposal of Meta Bright Australia Pte Ltd in July as part of the group’s strategic move to address cross-border transaction risks. The divestment was timely and prudent as the group incurred a foreign exchange loss of RM3.0 mil in its 4Q FY6/2024.
The property development segment contributed RM7.3 mil which was marginally lower than RM7.6 mil in FY6/2024 due to the absence of disposal gains and lower revenue recognition compared to the previous year.
“FY6/2025 was a milestone year for Meta Bright with the group’s revenue more than doubled and PATAMI (profit after tax and minority interests) grew by over 20% while total profits increased almost 50% yoy,” commented Meta Bright’s executive director (corporate and strategic planning) Derek Phang Kiew Lim.
“This demonstrates the strength of our diversification strategy, particularly with building materials, hospitality and energy-related businesses delivering sustained contributions.”
Looking ahead, the group intends to build on the momentum by scaling its renewable energy and energy efficiency portfolio, expanding its EV (electric vehicle) charging joint venture with ChargeHere and continuing to support Sabah’s infrastructure growth through its building materials division.
At the close of today’s (Aug 28) market trading, Meta Bright was unchanged at 12 sen with 324,500 shares traded, thus valuing the company at RM326 mil. – Aug 28, 2025
