Kuala Lumpur, Thursday, 20th August 2026 –Censof Holdings Berhad (“Censof” or “the Group”) announced its financial results for the first quarter of the financial year ending 31 March 2027, ended 30 June 2026 (“1QFY2027”), reporting a marked improvement in profitability, with margins strengthening year-on-year (“YoY”).
For 1QFY2027, Censof recorded revenue of RM23.9 million, 5.8% lower than RM25.4 million in the corresponding quarter.
Despite the softer topline, cost of sales declined by 14.2% to RM13.6 million, driving gross profit (“GP”) up 8.1% to RM10.3 million from RM9.6 million. Consequently, GP margin expanded to 43.3% from 37.7%, reflecting stronger gross margin performance despite the lower revenue.
The improvement in gross margin translated into stronger bottom-line profitability. Profit before taxation (“PBT”) rose 66.3% YoY to RM4.0 million, with PBT margin widening to 16.6% from 9.4%, while profit after taxation (“PAT”) increased 77.1% to RM2.7 million and PAT margin improved to 11.3% from 6.0%.
PAT attributable to owners of the Company more than doubled to RM2.8 million from RM1.2 million, while basic earnings per share (“EPS”) increased to 0.50 sen from 0.22 sen.
By segment, Financial Management Solution – Government (“FMS-G”) revenue grew 4.4% YoY to RM16.6 million, accounting for approximately 69.5% of the Group’s net revenue and remaining the anchor of Group earnings. Financial Management Solution – Commercial & SME (“FMS-C”) recorded revenue of RM5.8 million, marginally lower YoY.
The Wealth Management Solutions (“WMS”) and Digital Technology (“DT”) segments recorded lower contributions during the quarter, reflecting the timing of project delivery milestones and revenue recognition.
The Group continues to focus on strengthening its maintenance, support and subscription-based income streams to provide a more stable earnings base alongside project-driven revenue.
“The initiatives we set out at the close of FY2026 are progressing as planned,” said Ameer Bin Shaik Mydin, Group Managing Director of Censof.
“Our focus on operational efficiency and on widening the recurring revenue base has lifted margins and profitability this quarter. Work continues across the Group to strengthen execution and service quality in the segments affected by project timing this quarter. We remain focused on disciplined delivery and on our alignment with Malaysia’s e-invoicing and public sector digitalisation agenda.”
This solid financial foundation supports the Group’s ability to pursue new opportunities in emerging technologies. With Budget 2026 prioritising artificial intelligence (“AI”), blockchain, and quantum computing through initiatives such as the Malaysia Digital Acceleration Grant, Censof remains well-positioned to participate in the continued expansion of Malaysia’s digital economy as demand for technology-driven solutions continues to grow.
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