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EXSIM Hospitality's net profit surges 130.8pct in FY26

KUALA LUMPUR: EXSIM Hospitality Bhd saw net profit surge 130.8 per cent to RM41.65 million for the financial year ended June 30 2026 (FY26), from RM18.04 million a year earlier.

EXSIM Hospitality's net profit surges 130.8pct in FY26

EXSIM Hospitality Bhd reported a remarkable 130.8% increase in net profit for the financial year ending June 30, 2026, reaching RM41.65 million, up from RM18.04 million the previous year. This growth was fueled by robust performance across its fit-out and hospitality services sectors, which collectively boosted revenue by 91.9% to RM281.23 million.

In the fourth quarter alone, profits rose 16.4% year-over-year to RM12.80 million, while revenue expanded 46.3% to a new high of RM101.06 million. Quarter-over-quarter, revenue surged 35.9%. The fit-out segment continued to lead in earnings generation, with FY26 revenue climbing 53.8% to RM213.02 million. The company added nine new contracts, expanding its order book to RM495.09 million by the end of June 2026.

Hospitality operator revenue jumped significantly to RM68.21 million, up from RM3.93 million in the same period last year, driven by managed properties transitioning into operations and Mana Mana Hospitality's expansion into Penang and Ipoh. Managing Director Tan Hai Liang highlighted FY26 as a milestone, noting the company's enhanced earnings foundation and accelerated hospitality expansion plans.

He anticipates that the launch of Portrait Resort in Port Dickson and Portrait Hotel at Empire City later in the year will further diversify earnings and foster sustainable growth.

Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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