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Swift Energy Technology Berhad Reports 2026 Q1 Profit Growth Amid Revenue Decline

INDUSTRIAL IOT

Swift Energy Technology Berhad reported a 9.6% increase in Profit Before Tax to RM3.9 million for Q1 2026, despite a 1.1% decline in revenue to RM24.2 million. Profit After Tax rose by 13.2% to RM3.2 million, driven by strong margins in the Ex solar PV system category.

The Group's revenue was bolstered by manufacturing (RM16.8 million) and trading (RM6.5 million). International markets contributed RM15 million, with Malaysia leading at RM10.8 million. The company plans significant investments in infrastructure and innovation to support future growth.

Swift Energy Technology Berhad Reports 2026 Q1 Profit Growth Amid Revenue Decline
Feb 27, 2026, 6:00 AM

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