Meta Bright Group’s 6MFY26 Core Profit Surges 44% to RM9.3 Million as Building Materials Anchors Growth Media Coverage
Kuala Lumpur, 27 February 2026 - Meta Bright Group Berhad (Bursa: MBRIGHT, 2097) reported strong results for the six months ended 31 December 2025 (H1 FY2026), delivering broad-based growth across its diversified portfolio.
For the period under review, revenue rose 13.4% year-on-year to RM138.0 million, while Profit Before Tax (PBT) increased 18.4% to RM13.7 million. Profit Attributable to Owners of the Company (PATAMI) jumped 43.6% to RM9.3 million.
Excluding a one-off, non-cash fair value adjustment of RM2.3 million arising from the disposal of a foreign leasing subsidiary, normalised PATAMI stood at approximately RM11.6 million.
Building Materials Remains Core Earnings Anchor
The Building Materials segment, the Group's principal revenue driver, generated RM104.2 million in revenue, growing 5.8% year-on-year.
Performance was supported by sustained infrastructure and construction activity in Sabah, where Meta Bright maintains established supply relationships and operational scale. Management indicated that infrastructure momentum in Sabah continues to provide solid near-term visibility into the second half of FY2026.
Hospitality and Property Deliver Breakout Contributions
The Hospitality division recorded:
· Revenue: RM15.3 million (+19.4% YoY)
· Segment PBT: RM3.5 million (+68.8% YoY)
Improvement was driven by stronger room occupancy, improved food and beverage performance, and higher convention centre bookings at the Grand Renai Hotel.
Meanwhile, the Property Development segment contributed:
· Revenue: RM15.0 million
· Segment PBT: RM7.5 million
Earnings were supported by progressive revenue recognition from the Damai Suites development and completed inventory sales.
Cash Flow and Balance Sheet Strengthened
Meta Bright's earnings growth was backed by solid cash generation:
· Operating Cash Flow: RM16.9 million (+47.3% YoY)
· Cash & Bank Balances: RM53.6 million (+28.2%)
· Total Equity: RM335.5 million
· Net Gearing: 0.32x
Management emphasised that the one-off leasing-related loss was purely accounting in nature and had no cash impact.
Energy Division and EV Infrastructure Expansion
The Group's energy division continued to register steady revenue growth. Meta Bright is advancing its joint venture with ChargeHere EV Solution Sdn. Bhd. to expand EV charging infrastructure in the Klang Valley, adding a strategic long-term growth pillar.
Outlook: Disciplined Execution Across Core Segments
Executive Director of Corporate and Strategic Planning Derek Phang Kiew Lim said the first half performance demonstrates the strength of the Group's diversified platform, with building materials providing stability while hospitality and property elevated the earnings profile.
With Sabah infrastructure demand remaining resilient, progressive contributions from Damai Suites, and energy expansion initiatives underway, the Board remains cautiously optimistic for the remainder of FY2026.