EPMB’s 2Q26 net profit jumps nearly 19-fold to RM5.15 million as revenue hits a 10-year high
AI Market Summary
EP Manufacturing's 2Q26 results show a near-19x jump in net profit and a decade-high quarterly revenue, driven by ramping automotive localisation partnerships with Chinese OEMs and rising production volumes. The start of a new vehicle painting facility and additional component programmes signal capacity expansion and deeper vertical integration. The news is positive for the company but has limited direct read-through to major listed macro assets.
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EP Manufacturing Bhd (EPMB) said its net profit for 2Q26 surged nearly 19-fold year on year to RM5.15 million, while revenue rose 66.6% to RM212.7 million, its highest quarterly level in at least a decade. Earnings per share increased to 1.80 sen from 0.10 sen. For the first half of 2026, net profit climbed to RM6.7 million from RM1.05 million, while revenue grew 47.2%. The company said monthly output under its collaboration projects with GWM, SAICMG and XPENG has exceeded 1,000 vehicles.
