DailySpaceFibromat
0355 · ACE Market创业板（ACE Market） · annual reports 2025 to 2025, 412 entries read2025 至 2025 年报，共读出 412 条
The company这家公司
Fibromat provides geotechnical solutions, covering product manufacturing, supply, engineering support and installation. Its activities include designing and installing geotechnical solutions and trading geosynthetics and erosion control products. Malaysia contributed RM112.79 million, or 99.39% of revenue, in 2025.Fibromat 提供岩土工程方案，业务涵盖产品制造、供应、工程支援与安装，包括岩土工程方案设计与安装，以及土工合成材料和防侵蚀产品贸易。2025 年，马来西亚贡献营业额 RM112.79 million，占 99.39%。
Source: annual report 2025, pages 19, 23.出处：2025 年年报第 19、23 页。
The group established its own Prefabricated Vertical Drain (PVD) installation capability in 2025. It committed approximately RM12.41 million to this capability. Five hydraulic excavators costing RM3.19 million were still undergoing utilisation ramp-up.集团于 2025 年建立自有预制垂直排水带（PVD）安装能力，为此投入约 RM12.41 million。其中，成本 RM3.19 million 的五台液压挖掘机仍在逐步提高使用率。
Source: annual report 2025, pages 19, 25.出处：2025 年年报第 19、25 页。
The shareholding analysis lists Ng Kian Boon with 153,776,298 shares, or 61.94%. The largest-holder list separately names RHB Nominees (Tempatan) Sdn Bhd, OSK Capital Sdn Bhd for Ng Kian Boon, with 151,277,096 shares, or 60.93%. It also lists Maybank Nominees (Tempatan) Sdn Bhd, Pledged Securities Account for Ng Kian Boon, with 1,146,200 shares, or 0.46%.股权分析表列出 Ng Kian Boon 持有 153,776,298 股，占 61.94%。大股东名单另列 RHB Nominees (Tempatan) Sdn Bhd，OSK Capital Sdn Bhd for Ng Kian Boon，持有 151,277,096 股，占 60.93%。名单也列出 Maybank Nominees (Tempatan) Sdn Bhd，Pledged Securities Account for Ng Kian Boon，持有 1,146,200 股，占 0.46%。
Source: annual report 2025, pages 148, 149.出处：2025 年年报第 148、149 页。
Other pledged securities accounts include RHB Nominees (Tempatan) Sdn Bhd for Nadiah Firdaus Binti Mohd Firdaus, with 1,058,300 shares (0.43%); Affin Hwang Nominees (Tempatan) Sdn. Bhd. for Lim Gaik Eng (LIM4779C), with 650,000 shares (0.26%); RHB Capital Nominees (Tempatan) Sdn Bhd for Loh Kok Hoong (1391001), with 549,000 shares (0.22%); and Public Nominees (Tempatan) Sdn Bhd for Eng Beng Huat (E-SRB/PDN), with 589,100 shares (0.24%).其他质押证券账户包括：RHB Nominees (Tempatan) Sdn Bhd 名下为 Nadiah Firdaus Binti Mohd Firdaus 开设的账户，持有 1,058,300 股（0.43%）；Affin Hwang Nominees (Tempatan) Sdn. Bhd. 名下为 Lim Gaik Eng (LIM4779C) 开设的账户，持有 650,000 股（0.26%）；RHB Capital Nominees (Tempatan) Sdn Bhd 名下为 Loh Kok Hoong (1391001) 开设的账户，持有 549,000 股（0.22%）；以及 Public Nominees (Tempatan) Sdn Bhd 名下为 Eng Beng Huat (E-SRB/PDN) 开设的账户，持有 589,100 股（0.24%）。
Source: annual report 2025, page 149.出处：2025 年年报第 149 页。
The list also includes pledged securities accounts under Public Nominees (Tempatan) Sdn Bhd for Eng Hong Ling (E-Jah), with 900,000 shares (0.36%), and Siow Chun Pau (E-SRB), with 371,800 shares (0.15%). Maybank Nominees (Tempatan) Sdn Bhd has pledged securities accounts for Siow Ker Yang, with 400,000 shares (0.16%), and Tee See Kim, with 375,000 shares (0.15%).名单还包括 Public Nominees (Tempatan) Sdn Bhd 名下的质押证券账户：Eng Hong Ling (E-Jah) 的账户持有 900,000 股（0.36%），Siow Chun Pau (E-SRB) 的账户持有 371,800 股（0.15%）。Maybank Nominees (Tempatan) Sdn Bhd 名下也有质押证券账户：Siow Ker Yang 的账户持有 400,000 股（0.16%），Tee See Kim 的账户持有 375,000 股（0.15%）。
Source: annual report 2025, page 149.出处：2025 年年报第 149 页。
Ng Kian Boon is Managing Director and Chief Executive Officer. Ng Chun Hou was redesignated from Executive Director to Non-Independent Non-Executive Director on 22 September 2025 and resigned on 30 January 2026.Ng Kian Boon 是董事总经理兼首席执行官。Ng Chun Hou 于 2025 年 9 月 22 日由执行董事调任为非独立非执行董事，并于 2026 年 1 月 30 日辞职。
Source: annual report 2025, pages 4, 9.出处：2025 年年报第 4、9 页。
Major events大事记
Source: annual report 2025, page 114.出处：2025 年年报第 114 页。
Source: annual report 2025, page 114.出处：2025 年年报第 114 页。
Source: annual report 2025, page 115.出处：2025 年年报第 115 页。
Source: annual report 2025, page 22.出处：2025 年年报第 22 页。
Source: annual report 2025, pages 4, 9.出处：2025 年年报第 4、9 页。
Source: annual report 2025, page 89.出处：2025 年年报第 89 页。
Source: annual report 2025, page 4.出处：2025 年年报第 4 页。
Revenue, profit and operating cash营业额、盈利与营运现金
Assets, equity and borrowings资产、权益与借款
20252025 年
Operations used RM7.7 million of cash. Cash paid for property, plant and equipment was RM19.2 million; total purchases were RM30.8 million, including RM11.5 million financed through hire purchase and RM62,226 through leases. The share issue brought in RM17.8 million, with RM790,722 of share issuance expenses. The group drew RM6.9 million of term loans, RM9.5 million of term financing and RM15.7 million of bankers' acceptances. It repaid RM2.7 million of term loans, RM1.3 million of hire purchase payables and RM15.6 million of bankers' acceptances. Interest paid was RM1.2 million. Selling the asset held for sale brought in RM550,000. No dividend was paid; the board said it retained earnings for expansion, operating capacity and project execution.营运活动使用现金 RM7.7 million。购买产业、厂房与设备的现金支出为 RM19.2 million；购买总额为 RM30.8 million，其中 RM11.5 million 通过租购融资，RM62,226 通过租赁融资。发行股份取得 RM17.8 million，股份发行费用为 RM790,722。集团提取定期贷款 RM6.9 million、定期融资 RM9.5 million，以及银行承兑融资 RM15.7 million。集团偿还定期贷款 RM2.7 million、租购应付款 RM1.3 million，以及银行承兑融资 RM15.6 million。已付利息为 RM1.2 million。出售持作出售资产取得 RM550,000。年内没有支付股息；董事会表示保留盈利用于扩张、营运能力与项目执行。
Source: annual report 2025, pages 26, 96, 97.出处：2025 年年报第 26、96、97 页。
At year end年末
Cash and cash equivalents were RM6.4 million, compared with RM4.5 million a year earlier. Loans and borrowings were RM36.3 million, compared with RM11.6 million. Total assets were RM143.6 million and equity was RM88.0 million. Contract assets relating to erosion control service contracts rose from RM7.5 million to RM28.9 million. The report attributes the increase in contract assets mainly to work performed ahead of billing milestones and pending customer certifications.现金与现金等价物为 RM6.4 million，上年为 RM4.5 million。贷款与借款为 RM36.3 million，上年为 RM11.6 million。总资产为 RM143.6 million，总权益为 RM88.0 million。防侵蚀服务合约的合约资产由 RM7.5 million 增至 RM28.9 million。年报说明，合约资产增加主要是因为已完成的工作早于开单节点，以及仍待客户认证。
Source: annual report 2025, pages 24, 112.出处：2025 年年报第 24、112 页。
Still to be spent尚待支出
At year end, RM4.4 million of IPO proceeds remained unused for machinery purchases. The proceeds table gives a utilisation period of within 12 months. The working capital and listing expense allocations had been used.年末，首次公开募股所得款项中，仍有 RM4.4 million 的机械购买款尚未使用。款项用途表列出的使用期限为 12 个月内。营运资金与上市费用的拨款已经使用。
Source: annual report 2025, pages 72, 136.出处：2025 年年报第 72、136 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。
| Group集团 | 2024 | 2025 |
|---|---|---|
| RM令吉 | RM令吉 | |
| Revenue营业额 | 75,462,528 | 113,478,362 |
| Profit before tax税前盈利 | 13,430,825 | 22,614,371 |
| Profit for the financial year年度盈利 | 9,973,543 | 16,388,067 |
| Net cash from operating activities营运活动所得现金净额 | 3,990,949 | (7,745,426) |
| Purchase of property, plant and equipment购买产业、厂房与设备 | (1,077,042) | (19,188,596) |
| Dividend paid已付股息 | (2,160,000) | 0 |
| Total assets总资产 | 80,733,864 | 143,550,659 |
| Loans and borrowings贷款与借款 | 11,559,496 | 36,340,085 |
| Cash and cash equivalents现金与现金等价物 | 4,494,452 | 6,366,799 |
| Total equity总权益 | 54,672,744 | 88,021,889 |
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
Only one annual report has been read so far, so there is no later report to check its plans against.目前只读了一份年报，还没有之后的年报可以对照它的计划。
What the reports leave open年报留下待看的事
- The timing of the remaining machinery purchases: RM4.4 million of IPO proceeds was unused at year end, with a stated utilisation period of within 12 months.余下机械购买的时间：年末仍有 RM4.4 million 的首次公开募股所得款项尚未使用，列明的使用期限为 12 个月内。
Source: annual report 2025, page 72.出处：2025 年年报第 72 页。
- The group intends to buy stitching machines for the Rasa Factory and introduce a fully biodegradable erosion control blanket using jute netting. These remain stated plans in the 2025 report.集团计划为 Rasa Factory 购买缝合机，并推出采用黄麻网的全生物降解防侵蚀毯。这些在 2025 年报中仍列为计划。
Source: annual report 2025, page 25.出处：2025 年年报第 25 页。
- The conversion of the approximately RM358.62 million order book across 74 projects into completed work and collections. Contract assets relating to erosion control service contracts stood at RM28.9 million at year end.约 RM358.62 million、涉及 74 个项目的订单，后续如何转为已完成工作与收款。年末防侵蚀服务合约的合约资产为 RM28.9 million。
Source: annual report 2025, pages 19, 112.出处：2025 年年报第 19、112 页。
- Whether Fibromat Geo Edaran Sdn. Bhd., Fibromat Geo Kukuh Sdn. Bhd. and Fibromat Borneo Sdn. Bhd. begin operations. All three remained dormant at 31 December 2025.Fibromat Geo Edaran Sdn. Bhd.、Fibromat Geo Kukuh Sdn. Bhd. 和 Fibromat Borneo Sdn. Bhd. 后续是否开始营运。截至 2025 年 12 月 31 日，三家公司均仍未开展业务。
Source: annual report 2025, page 89.出处：2025 年年报第 89 页。
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-10-30.内容为公司年报所印的事实，并注明页码；不评级，不构成投资建议。生成日期 2026-10-30。