Ecomate Holdings Berhad

Revenue, profit and operating cash营业额、盈利与营运现金

Assets, borrowings and equity资产、借款与权益

Cash spent on equipment and dividends设备购买与股息现金支出

20242024 年

Cash paid for property, plant and equipment was RM1.6 million, and asset disposals brought RM165,000. Bankers' acceptances provided a net RM3.7 million. The group repaid RM821,447 of term loans, RM454,084 of hire purchase payables and RM635,645 of lease liabilities. It paid RM1.8 million in dividends. Investing activities used a net RM1.5 million and financing activities used a net RM1.5 million.购买物业、厂房与设备支付现金 RM1.6 million，出售资产收到 RM165,000。银行承兑汇票净提供 RM3.7 million。集团偿还定期贷款 RM821,447、租购应付款 RM454,084，以及租赁负债 RM635,645。已付股息为 RM1.8 million。投资活动净使用现金 RM1.5 million，融资活动净使用现金 RM1.5 million。

Source: annual report 2024, page 104.出处：2024 年年报第 104 页。

20252025 年

Operations generated RM8.9 million of cash. The group paid RM5.3 million for property, plant and equipment and RM3.5 million in prepaid lease payments. It drew RM3.0 million of term loans and repaid RM1.3 million. Bankers' acceptances had a net repayment of RM2.4 million. No dividend was paid. Cash and bank balances ended the year at RM13.1 million.营运活动产生现金 RM8.9 million。集团支付 RM5.3 million 购买物业、厂房与设备，并支付预付租赁款 RM3.5 million。集团提取定期贷款 RM3.0 million，偿还 RM1.3 million。银行承兑汇票净偿还 RM2.4 million。当年没有支付股息。年末现金与银行结余为 RM13.1 million。

Source: annual report 2025, page 94.出处：2025 年年报第 94 页。

20262026 年

Operations used RM2.0 million of cash. The group paid RM9.0 million for property, plant and equipment and RM2.7 million for right-of-use assets. PCS cost RM8.4 million; the acquisition used RM3.5 million after deducting the cash acquired. Term loan drawings were RM14.9 million, repayments were RM3.9 million, and revolving credit provided a net RM3.0 million. Financing activities supplied a net RM13.5 million. Group profit after tax was RM481,604, of which RM68,343 belonged to owners of the Company and RM413,261 to non-controlling interests.营运活动使用现金 RM2.0 million。集团支付 RM9.0 million 购买物业、厂房与设备，并支付 RM2.7 million 购买使用权资产。PCS 的收购价为 RM8.4 million；扣除收购所得现金后，收购净使用现金 RM3.5 million。提取定期贷款 RM14.9 million，偿还 RM3.9 million，循环信贷净提供 RM3.0 million。融资活动净提供现金 RM13.5 million。集团税后盈利为 RM481,604，其中 RM68,343 归公司股东，RM413,261 归非控股权益。

Source: annual report 2026, pages 88, 106, 135.出处：2026 年年报第 88、106、135 页。

Across the years历年合看

Cash purchases of property, plant and equipment rose from RM1.6 million in 2024 to RM5.3 million in 2025 and RM9.0 million in 2026. Borrowings were RM15.0 million, RM14.1 million and RM27.3 million at those year ends. Revenue rose from RM47.2 million to RM50.6 million and RM56.5 million, while profit after tax fell from RM1.51 million to RM1.47 million and then RM481,604. In 2026, a change in depreciation rates increased profit before tax by RM345,387, and the accounts recorded a RM1.1 million fair value loss on derivatives.购买物业、厂房与设备的现金支出由 2024 年的 RM1.6 million，升至 2025 年的 RM5.3 million 和 2026 年的 RM9.0 million。这三个年末的借款分别为 RM15.0 million、RM14.1 million 和 RM27.3 million。营业额由 RM47.2 million 升至 RM50.6 million，再升至 RM56.5 million；税后盈利则由 RM1.51 million 降至 RM1.47 million，再降至 RM481,604。2026 年，折旧率调整使税前盈利增加 RM345,387，账目亦记录衍生工具公允价值损失 RM1.1 million。

Source: annual report 2026, pages 112, 133.出处：2026 年年报第 112、133 页。

Still to be spent尚待支出

At the end of 2026, RM1.0 million of IPO proceeds remained unused for factory and hostel construction. The stated utilisation period had been extended to within 60 months, compared with within 36 months in the 2025 report. The 2026 capital commitment note lists RM548,856 for industrial land progress claims and RM730,000 for factory building construction. The five Muar Furniture Park plots still had no issued land titles and were described as under development and not ready for use.2026 年末，厂房与宿舍建设用途的 IPO 所得款项仍有 RM1.0 million 未使用。所列使用期限已延长至 60 个月内，2025 年报所列期限为 36 个月内。2026 年资本承诺附注列出工业地进度款 RM548,856，以及厂房建设款 RM730,000。Muar Furniture Park 的五幅土地仍未取得地契，并被列为开发中、尚未可供使用。

Source: annual report 2025, page 76; annual report 2026, pages 83, 145, 161.出处：2025 年年报第 76 页；2026 年年报第 83、145、161 页。

Four years of figures四年数字

Group figures, in RM, as printed in the statements.集团数字，单位令吉，照财务报表所印。

On a computer, hover over a figure for the report and page it is printed on.在电脑上把鼠标移到数字上，可看到它印在哪份年报的哪一页。

Said and done说过的与做到的

What the reports leave open年报留下待看的事

• Factory and hostel construction still had RM1.0 million of unused IPO proceeds at the end of the 2026 financial year, with utilisation extended to within 60 months. The 2026 report does not say Factory C was commissioned.2026 财政年度末，厂房与宿舍建设仍有 RM1.0 million 的 IPO 所得款项未使用，使用期限延长至 60 个月内。2026 年报没有说 Factory C 已投产。

  Source: annual report 2024, page 9; annual report 2025, page 21; annual report 2026, page 83.出处：2024 年年报第 9 页；2025 年年报第 21 页；2026 年年报第 83 页。

• Industrial land progress claims of RM548,856 and factory construction commitments of RM730,000 remained in the 2026 note. Land titles for the five Muar Furniture Park plots had yet to be issued.2026 年附注仍列有工业地进度款 RM548,856 及厂房建设承诺 RM730,000。Muar Furniture Park 五幅土地的地契仍未发出。

  Source: annual report 2026, pages 145, 161.出处：2026 年年报第 145、161 页。

• PCS goodwill was RM6.9 million. The assessment used projected revenue growth of 5%, a gross profit margin of 17%, a pre-tax discount rate of 25% and terminal growth of 0%. No goodwill impairment was recorded.PCS 的商誉为 RM6.9 million。估值采用预计营业额增长率 5%、毛利率 17%、税前折现率 25%，以及终值增长率 0%。集团没有记录商誉减值。

  Source: annual report 2026, pages 120, 121.出处：2026 年年报第 120、121 页。

• US-dollar term loans of RM7.3 million were covered by a cross currency swap. Derivative liabilities were RM1.1 million at year end, and the group did not apply hedge accounting. These balances remain part of its currency and financing exposure.RM7.3 million 的美元定期贷款采用了交叉货币掉期。年末衍生工具负债为 RM1.1 million，集团没有采用对冲会计。这些结余仍属于集团的汇率与融资风险敞口。

  Source: annual report 2026, pages 100, 124, 127.出处：2026 年年报第 100、124、127 页。