Sagtec Global Limited Interim Financial Statements Summary

Sagtec Global Limited reported its unaudited interim condensed consolidated financial statements for the six months ended June 30, 2026. Total revenue saw a slight increase of approximately 1% to RM48,544,240 (USD11,887,026) from RM47,867,433 (USD11,721,297) in the same period of 2025. However, net profit decreased by approximately 10% to RM4,937,500 (USD1,209,045) from RM5,482,024 (USD1,342,383) in 2025. The company experienced a decrease in cost of sales by approximately 10% to RM34,470,647 (USD8,440,826) from RM38,224,086 (USD9,359,930) in 2025, attributed to improved operating efficiency and a shift in revenue mix. Revenue from services increased by 6%, driven by subscription services and social media management, while revenue from tangible products decreased by 12%, mainly due to lower sales of food ordering kiosks. The introduction of a coffee machine kiosk rental business contributed positively. Operating expenses nearly doubled, largely due to increased selling and administrative expenses, employee benefits, and director emoluments, reflecting post-IPO expansion. Despite increased expenses, operating income rose by 11% to RM6,431,167 (USD1,574,799) due to a significant 46% increase in gross profit, primarily from the services segment.