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WISYNCO Reports 29% Increase in First-Quarter Net Profit

November 12, 2026

Wisynco Group Limited (WISYNCO)
Unaudited financials for the first quarter ended September 30, 2026:

Wisynco Group Limited (WISYNCO) for the first quarter ended September 30, 2026 reported a 21% increase in Revenue totalling $19.54 billion compared to $16.19 billion in the corresponding three months last year. Management noted that the growth was broad-based, with volume increases across product portfolios, including greater market penetration by new products. It also reflected price increases taken to offset the Special Consumption Tax on Non-Alcoholic Sugar Sweetened Beverages, which became effective May 1, 2026.

Cost of Sales amounted to $12.42 billion (2025: $10.55 billion), representing an 18% increase year over year. Consequently, Gross Profit increased by 26% to $7.12 billion compared to $5.64 billion for the first quarter ended September 30, 2025. Gross margin improved to 36.4% from 34.8%, which management attributed to revenue growth and better overhead absorption from improved plant utilization.

Other Operating Income decreased by 11% to $60.66 million from $68.15 million in 2025. Selling and Distribution Expenses increased by 22% to $4.02 billion from $3.29 billion, while Administration Expenses increased by 35% to $788.67 million from $583.91 million. As a result, total Selling, Distribution and Administration Expenses amounted to $4.81 billion, representing a 24% increase relative to $3.88 billion reported in 2025. Management noted that the expense-to-sales ratio rose to 24.6% from 23.9%, reflecting additional headcount, haulage costs and other expenses associated with supporting the growth of its brands and innovations.

Operating Profit for the first quarter ended September 30, 2026 amounted to $2.37 billion, representing a 29% increase from $1.83 billion reported in 2025.

Finance Income decreased by 7% to $141.82 million from $152.28 million in 2025, while Finance Costs increased by 9% to $170.82 million from $156.41 million. Consequently, Net Finance Cost amounted to $29.00 million, compared to $4.13 million in 2025. Share of Results of Associates increased by 135% to $38.36 million from $16.33 million.

Profit Before Taxation for the first quarter ended September 30, 2026 amounted to $2.38 billion, representing a 29% increase from $1.84 billion reported in 2025.

Taxation increased by 30% to $468.92 million compared to $361.05 million in 2025. Consequently, Net Profit for the first quarter amounted to $1.91 billion, representing a 29% increase from $1.48 billion reported in the prior year. Total Comprehensive Income amounted to $1.96 billion, compared to $1.48 billion in 2025. Net Profit and Comprehensive Income were solely attributable to the company’s stockholders.

Consequently, Basic and Diluted Earnings Per Stock Unit for the first quarter amounted to $0.50 compared to $0.39 in 2025. The twelve-month trailing EPS was approximately $1.20, and the number of shares used in these calculations was 3,803,250,000.

Notably, WISYNCO’s stock price closed the trading period on November 11, 2026 at $21.02. Using the twelve-month trailing EPS of approximately $1.21, this represents a P/E ratio of approximately 17.57x.

Balance Sheet Highlights

The company’s Total Assets amounted to $48.52 billion at September 30, 2026, representing a 6% increase from $45.62 billion in 2025. The increase was mainly driven by Non-Current Investment Securities, which rose to $5.01 billion from $3.51 billion, as well as Cash and Short-Term Deposits, which increased to $7.35 billion from $6.34 billion. Receivables and Prepayments also increased to $7.02 billion from $6.00 billion, while Property, Plant and Equipment rose to $18.23 billion from $17.05 billion. These increases were partly offset by Current Investment Securities, which fell to $317.19 million from $2.16 billion, and Intangible Assets, which declined to $566.74 million from $921.36 million.

Shareholders’ Equity increased to $32.19 billion from $29.12 billion in 2025, representing a book value per share of approximately $8.46 compared to $7.66 in the prior year.

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

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