SAM Engineering earnings up

PETALING JAYA: SAM Engineering & Equipment (M) Bhd, which posted a 60% jump in net profit for the first quarter ended June 30 (1Q26), remains cautiously optimistic on the long-term outlook for its aerospace and semiconductor equipment segments.

In 1Q26, SAM Engineering recorded a net profit of RM16.2mil, up 60.3% from RM10.1mil a year earlier.

Earnings per share rose to 2.39 sen from 1.49 sen previously.

Quarterly revenue rose 10.8% to RM369.6mil compared with RM333.4mil a year prior.

SAM Engineering, which makes production equipment and aerospace products, said in July that Semiconductor Equipment and Materials International or SEMI projected global semiconductor equipment sales to hit a record US$125.5bil in 2025 on artificial intelligence-related investments and fab expansions.