Wentel profit more than doubles in Q2 on better margins

Wentel Engineering Holdings Bhd reported a significant increase in net profit and revenue for the second quarter of fiscal 2026, with its earnings more than doubling to RM6.7 million. Revenue also rose 6.8 per cent to RM37.2 million, marking a 32.9 per cent increase from the same period last year. The company's improved performance was fueled by higher revenue and an enhanced gross profit margin of 27.9 per cent, up from 27.2 per cent.

Wentel's fabrication of semi-finished metal products continued to be the largest revenue contributor, amounting to RM26.2 million, or 70.4 per cent of the Q2 FY26 earnings. Fabrication of metal parts saw the strongest growth, increasing 21.2 per cent to RM8.5 million. Assembly of finished products revenue grew by 11.5 per cent to RM2.6 million. Over the six-month period ending June 30, 2026, the company reported a total revenue of RM69 million, a 4.4 per cent increase from the previous year's corresponding period.

Wong Chun Wei, Wentel's executive director, attributed the Q2 FY26 improvement to a more favorable product mix and stronger contributions from the fabrication of metal parts activities. He emphasized that demand from core customer segments remains robust, and the company remains focused on converting this demand into sustainable growth while expanding manufacturing capabilities.

Looking ahead, Wong noted that the electrical and electronics and semiconductor-related activities are vital growth areas, supported by the expansion of the regional semiconductor supply chain. The security-related equipment business is also expected to continue providing a stable base for the company's growth.