KUALA LUMPUR: AME Elite Consortium Bhd expects to deliver a strong financial performance for the financial year ending March 31, 2026 (FY26), supported by active industrial property demand and ongoing strategic developments.
The group said Johor’s industrial property sector is expected to stay buoyant, supported by major upcoming infrastructure projects including the Johor Bahru–Singapore RTS, the potential revival of the Kuala Lumpur–Singapore HSR and the Johor–Singapore Special Economic Zone (JS-SEZ). These initiatives are expected to draw both domestic and foreign investments.
“We remain focused on the ongoing development of i-TechValley at SILC and i-TechHub, which are expected to contribute positively to the Group’s profitability. In addition, our joint venture entity, Suling Hill Development Sdn Bhd, will spearhead the development of Northern TechValley @ BKE, a 175.6-acre integrated industrial park in Penang.
“The acquisition of development lands from Kuala Lumpur Kepong Bhd
, expected to be completed in FY2026, will further support the group’s long-term growth plans,” AME said in a filing with Bursa Malaysia.
The integrated industrial space solutions provider noted that ongoing developments, new landbank expansion and its Sukuk Wakalah programme will support future growth.
In the second quarter ended Sept 30, 2025 (2Q26), the company reported a record net profit of RM143.8mil, a surge of 541.4% from RM22.4mil in the same quarter a year earlier.
Quarterly revenue climbed 140.9% to RM451.0mil from RM187.2mil previously.
AME said the sharp jump in earnings was driven by the completion of a high-value land sale to a data centre, alongside sustained organic growth across its industrial park developments.
For the first half ended Sept 30, 2025 (1H26), revenue rose 93.7% to RM638.4mil, while net profit surged 374.3% to RM176.1mil.
The group declared a first special interim dividend of 2.0 sen per share and a first interim dividend of 4.0 sen per share for FY26, bringing total dividends to 6.0 sen. This exceeds the 3.0 sen interim payout declared in the same period last year.
The ex-date is Dec 18, 2025, with payment scheduled for Jan 9, 2026.
“We are building world-class, integrated industrial ecosystems that support the expansion of global companies.
“The premium realised from this strategic land transaction in i-TechValley validates the quality of our projects and their appeal to global companies. The profits from our land sale will be used not only to execute our next phase of growth across our new industrial park in Selangor, but also to reward our shareholders with dividends.
“As such, we are pleased to announce double dividends of first interim and first special, and we will continue to reward our shareholders as we progress through the financial year,” executive director and group CEO Dylan Tan Teck Eng said in a statement.