Sagtec Global management says 1H ended June 30, 2026 net profit slips 10% on higher operating expenses despite lower cost of sales

• Management commentary: for the six months ended June 30, 2026, revenue rose about 1% to RM 48.54 million; net profit fell 10% to RM 4.94 million.
• Gross profit climbed 46% to RM 14.07 million, driven by a 10% drop in cost of sales to RM 34.47 million.
• Services gross profit jumped 170% to RM 8.22 million, reflecting lower service delivery costs from operating efficiency and infrastructure utilization.
• Tangible products revenue fell 12% to RM 16.47 million, led by a 19% drop in food ordering kiosk sales; power bank charging station revenue slipped 4%.
• Net profit pressured by a 98% rise in operating expenses to RM 7.64 million, tied to post-IPO corporate expansion costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sagtec Global Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-100377), on September 16, 2026, and is solely responsible for the information contained therein.