NEWLY-LISTED interior fit-out specialist Signature Alliance Group Bhd (SAG) has delivered a pre-tax profit of RM31.2 mil for its 1H FY2025 ended June 30, 2025 or more than double the RM14.5 mil recorded in the corresponding period of its FY2024.
This was achieved on the back of higher revenue of RM265.3 mil, up 104.5% year-on-year (yoy) (2Q FY2024: RM129.7 mil) while the group’s net earnings surged 121% yoy to RM22.5 mil (1H FY2024: RM10.2 mil).
For 2Q FY2025 alone, the ACE Market-listed group recorded revenue of RM118.1 mil with a pre-tax profit of RM10.2 mil and net profit of RM6.8 mil.
Excluding the one-off initial public offering (IPO) expenses of RM2.4 mil, adjusted pre-tax profit stood at RM12.6 mil which reflects an adjusted pre-tax profit margin of 10.7%.
The group’s 2Q FY2025 revenue was entirely generated from the interior fitting-out services segment.
Key contributors included a commercial office property in Jalan Ampang (RM25.9 mil or 21.9% of 2Q FY2025 revenue) and the completion of fit-out works for a commercial shopping mall property in Cyberjaya (RM23.9 mil or 20.3% of 2Q FY2025 revenue).
On a six-month basis, revenue was mainly driven by the projects in Bandar Baru Sri Petaling (RM57.3 mil or 21.6% of 1H FY2025 revenue) and Cyberjaya (RM36.2 mil or 13.6% of 1H FY2025 revenue).
“Our earnings remain resilient, supported by a healthy unbilled order book of RM338.8 mil,” commented Signature Alliance’s group CEO Darren Chang Chung Fei.
“Importantly, our successful listing has placed SAG on a much stronger financial footing with a net cash position of RM138 mil that enables us to scale our capabilities and capture larger interior fit-out opportunities in Malaysia.”
Following the group’s successful IPO in June 2025, SAG’s financial position has been significantly strengthened with:
- Cash and cash equivalents stood at RM185.8 mil as of June 30, 2025 from RM37.0 mil as of end-FY2024;
- Net cash position of approximately RM138 mil after accounting for total borrowings of RM48.0 mil; and
- Net assets per share tripled to 32 sen (Dec 31, 2024: 9 sen).
“This strong balance sheet provides the group with the flexibility to pursue larger projects, invest in capacity expansion and support long-term growth,” added Chang.
At the close of today’s (Aug 26) market trading, Signature Alliance was up 1 sen or 1.17% to 86.5 sen with 553,100 shares traded, thus giving the group a market cap of RM865 mil. – Aug 26, 2025
