Sedania returns to profit in 3Q as consumer tech drives earnings higher

TheStar Tue, May 19, 2026 10:35am - 4 months View Original


Sedania managing director and founder Datuk Azrin Mohd Noor

KUALA LUMPUR: Sedania Innovator Bhd's sustainable consumer technology segment drove earnings in the third quarter of its financial year, returning the group to profitability amid increased adoption of its flagship shariah-compliant digital financing solutions.

In a filing with Bursa Malaysia, the group said net profit in 3QFY26 leapt to RM966,000 from RM135,000 in the same quarter of 2025.

The group's profitability was higher despite a drop in quarterly revene to RM19.47mil from RM22.57mil in the year-ago quarter.

For the nine-month period, Sedania recorded a net profit of RM838,000 against a net loss of RM910,000 in the previous corresponding quarter. Revenue was higher at RM63.63mil in 9MFY26 as compared to RM60.23mil in the comparative period.

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