RESINTECH Bhd, a Main Market-listed integrated manufacturer of plastic pipe systems and water infrastructure solutions, has posted a strong rebound in its financial performance for 3Q FY3/2026 ended Dec 31, 2025.
The group’s net profit for the period under review jumped 52% year-on-year (yoy) to RM4.23 mil (3Q FY3/2025: RM2.78 mil) while its revenue edged up 39% yoy to RM46.9 mil (3Q FY3/2025: RM33.71 mil).
What is remarkable for Resintech though is its 41.6% quarter-on-quarter (qoq) surge in revenue to RM46.90 mil which signals a decisive end to the temporary softness seen in the preceding quarter (2Q FY3/2026: RM33.11 mil).
This recovery was driven by the acceleration of project site activities and a normalisation of orders from the water infrastructure segment.
For the cumulative 9M FY3/2026, the group amassed a 26.2% yoy revenue growth to RM120.77 mil (9M FY3/2025: RM95.73 mil) while its net profit rose 35% to RM9.09 mil (9M FY3/2025: RM6.74 mil), thus outpacing revenue growth.
Resintech attributed its margin expansion to the group’s ability to capitalise on the current macroeconomic “sweet spot” – specifically, strengthening of the ringgit and the moderation of global crude oil prices which have effectively lowered the cost of resin (a key raw material).
Ramping up efficiency
“Infrastructure upgrades can be delayed but they can’t be cancelled. That’s the reality of the water sector,” commented Resintech’s managing director Datuk Dr Teh Kim Poo on the group’s latest financial results.
“The pause in orders we saw in 2Q FY3/2026 was temporary while the sharp rebound in this quarter shows the urgency to upgrade national water assets is still there.”
Teh further revealed that Resintech had utilised “this period of lower input costs” to strengthen the group’s position “by controlling our efficiency”.
“By keeping our production lines running at optimal levels and managing our inventory tightly, we’re ensuring that every ringgit of revenue generates better returns for the group compared to a year ago.”
As it is, the group’s balance sheet remains a key value proposition for investors. As of end-December 2025, Resintech’s total assets stood at RM338.25 mil. Notably, the group’s net assets per share have improved to 112.38 sen (vs 108.74 sen in March 2025).
This growth is supported by a solid base of investment properties valued at RM87.60 mil which provides the group with recurring rental income visibility and capital appreciation potential by acting as a buffer against cyclical manufacturing volatility.
Moving forward, Resintech remains cautiously optimistic. The roll-out of national water and sewerage upgrading works continues to provide a steady pipeline of orders.
“We’re comfortable with our current trajectory. The combination of sustained infrastructure spending and our diversified product mix – from industrial pipes to consumer water storage – positions us well to close the financial year on a strong note,” added Teh.
At 10.22am, Resintech was up 3 sen or 5.66% to 56 sen with 299,600 shares traded, thus valuing the company at RM110 mil. – Jan 21, 2026
