KUALA LUMPUR: Power engineering solutions provider EI Power Bhd recorded revenue of RM20.7 million for Q1 ended March 31, 2026 (FY26), primarily contributed by its engineering, procurement, construction and commissioning (EPCC) of mission-critical power solutions, which accounted for 98.0% of total revenue.
The remaining contribution came from conventional and renewable power solutions.
In terms of profitability, EI Power recorded a gross profit of RM9.8 million, while profit before tax (PBT) stood at RM8.0 million, yielding a PBT margin of 38.5%.
Profit after tax (PAT) came in at RM6.0 million, representing a 29.1% margin.
There are no comparative figures for the corresponding quarter and year-to-date results of the preceding period, as this is the first interim financial result to be announced in compliance with Bursa Malaysia’s ACE Market Listing Requirements.
Executive director and CEO Albert Chang Wan Siong said the group’s Q1 performance reflects the robust pace of activity in the data centre space, which remains a key driver of demand for mission-critical power solutions.
“The ongoing expansion of hyperscale co-location facilities and artificial intelligence-related infrastructure, alongside continued investments within the semiconductor and electronics ecosystem, is supporting further opportunities within
the industry.
“We are also seeing encouraging momentum locally, particularly in Johor and Klang
Valley, where the rapid rollout of data centre developments continues to reinforce
Malaysia’s role within the regional digital infrastructure landscape.
“In parallel, we are broadening our solutions offering into building energy efficiency systems as customers place greater emphasis on operational efficiency and sustainability.
“Beyond Malaysia, we are progressively laying the groundwork for our expansion into Thailand, where digital infrastructure investments are gaining traction. Coupled with ongoing tender activities both locally and overseas, we believe the Group is entering its next phase of growth on a stronger footing,” he said.
As of March 24, 2026, the group’s unbilled order book stood at RM99.9 million, providing visibility into earnings through 2027.
In addition, EI Power has submitted tenders in Thailand totalling THB620.0 million, equivalent to approximately RM75.3 million, supporting its regional growth pipeline.
EI Power will be listed on the ACE Market of Bursa Malaysia on May 21, 2026.
The group will raise approximately RM62.2 million from its initial public offering (IPO) exercise, which will support the acquisition and setup of a new headquarters cum warehouse, expansion into Thailand and Johor, investments into building energy efficiency systems, as well as working capital requirements.
