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WISYNCO reports 4% increase in nine months net profit

May 8, 2026

Wisynco Group Limited (WISYNCO)

Unaudited financials for the nine months ended March 31, 2026:

Wisynco Group Limited (WISYNCO) reported revenues of $47.83 billion for the nine months ended March 31, 2026, representing a 12% increase compared to $42.60 billion recorded in the corresponding period of the prior year. For the third quarter, revenues amounted to $15.46 billion, up 13% from $13.73 billion reported in Q3 FY2025.

Cost of Sales for the nine-month period totalled $31.38 billion (2025: $28.07 billion), reflecting a 12% year-over-year increase. Consequently, Gross Profit rose by 13% to $16.45 billion, compared to $14.53 billion for the nine months ended March 31, 2025. For the third quarter, gross profit amounted to $4.89 billion, up from $4.51 billion reported in the comparable quarter of 2025.

Other Operating Income declined to $124.00 million versus $139.65 million in the prior period. Selling and Distribution Expenses increased by 14%, rising from $8.92 billion in 2025 to $10.19 billion in the review period. Administration Expenses totalled $1.81 billion, representing a 6% increase compared to $1.71 billion reported in the prior year.

As a result, Operating Profit for the nine months ended March 31, 2026, amounted to $4.58 billion, reflecting a 13% increase over the $4.04 billion reported in 2025. Operating Profit for the third quarter totalled $892.21 million, compared to $1.09 million in the prior year.

Net Finance Cost amounted to $217.05 million, a substantial increase relative to the $241.52 million net finance income recorded in the corresponding period last year. Share of results of associates amounted to $97.56 million (2025: $787,000), reflecting the contribution from WISYNCO’s newly acquired 30% interest in Ringtail Holdings Limited.

Profit Before Taxation for the nine months amounted to $4.46 billion, up 4% from $4.28 billion reported in 2025. For the third quarter, Profit Before Tax was $791.47 million, compared to $1.20 billion in Q3 FY2025.

Taxation increased by 4%, amounting to $850.02 million versus $820.27 million in the prior year. Consequently, Net Profit for the nine months closed at $3.61 billion, a 4% increase compared to $3.46 billion reported in 2025. Net Profit for the third quarter was $646.19 million, down from $971.36 million recorded in the comparable period of 2025.

Consequently, Earnings Per Share for the nine months amounted to $0.96 (2025: EPS: $0.92), while Earnings Per Share for the quarter totaled $0.17 (2025: EPS: $0.26). The twelve-month trailing EPS was $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 May 8, 2026 at a price of $20.14 with a corresponding P/E ratio of 16.79x.

Balance Sheet Highlights

The company’s assets totalled $44.70 billion (2025: $37.98 billion). The movement in total assets was primarily attributable to a 704% increase in ‘Investment in associates’ amounting to $2.92 billion (2025: $363.38 million), reflecting the acquisition of a 30% interest in Ringtail Holdings Limited, alongside the recognition of $878.38 million in ‘Intangible assets’ relating to exclusive manufacturing rights and ERP costs. Notably, Inventories increased by 20% to $7.21 billion (2025: $5.99 billion), while Cash and short-term deposits rose 25% to $5.68 billion (2025: $4.54 billion).

Shareholder’s equity was $30.43 billion (2025: $27.44 billion), representing a book value per share of $8.00 (2025: $7.21).

 

 

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