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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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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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