ANNUAL REPORT 2025 13 On behalf of the Board of Directors ("the Board") of Sasbadi Holdings Berhad ("Sasbadi Holdings", "Sasbadi", or "Group"), it is our pleasure to present to you Sasbadi's Annual Report for the financial year ended ("FYE") 31 August 2025 (“FYE 2025”). Overview For the FYE 2025, the Group achieved a record-breaking feat, delivering the highest full-year revenue in our history. This strong performance was primarily driven by robust sales of our print publications during the first and second financial quarters which were significantly boosted by the MADANI Book Voucher Initiative (30 May 2024 – 31 December 2024). The surge in demand for high-quality educational materials from teachers and students propelled our second financial quarter to record the highest quarterly revenue and profit after tax since the Group’s establishment. On the whole, print publishing segment performance was also well supported by healthy school orders for the 2025 academic year beginning February 2025 and continues to anchor the Group’s financial performance, underpinned by a highly experienced and diverse editorial team that continues to produce market-leading titles in our 40th year of operations. Our team remains attentive to evolving education needs and market trends, ensuring that our products remain relevant in an increasingly digital landscape. Today, our print publications are widely recognised for their integration of digital enhancements, including supplementary materials, interactive media, videos, and audio that enrich the teaching and learning experience beyond the National Curriculum. Furthermore, in an effort to expand our print portfolio, the FYE 2025 also saw two strategic acquisitions including the Intellectual Property (“IP”) and inventory of Kohwai & Young Publications (Malaysia) Sdn Bhd, a respected early childhood publisher, and a 60% equity stake in Edu Paper and Stationery Sdn Bhd, producer of notebooks, exercise books, and other paper-based products, thereby broadening the Group’s revenue base. On the digital front, the Group made notable strides in the realm of Artificial Intelligence (“AI”) for education. Notably, we entered into a Joint Venture (“JV”) with Agmo Capital Sdn Bhd, a wholly-owned subsidiary of Agmo Holdings Berhad, to jointly develop Malaysia’s first localised Large Language Model (“LLM”) specifically trained for education. Through this partnership, Sasbadi is leveraging its extensive archive of high-quality educational data and digital IP to drive the development of next generation learning technologies tailored for Malaysian students and educators. As a reflection of the MOE’s confidence in Sasbadi’s AI capabilities, the AI-enhanced version of our flagship digital platform, known as Ace-it, was showcased at the Ministry of Education Malaysia’s (“MOE”) Super Booth during the ASEAN AI Malaysia Summit 2025 (12– 13 August 2025). In addition, the Group was also appointed by the MOE to be a Strategic Partner for the AI-Powered Classroom Pilot Project (Projek Rintis Bilik Darjah Dikuasakan AI), a national initiative involving selected Primary and Secondary schools from August 2025 to March 2026. Under this pilot, Sasbadi will serve as the content provider via the AI-powered Ace-it platform, granting full access to both teachers and students to drive the MOE’s aspirations towards a more adaptive and inclusive learning environment. Finally, we are pleased to report that through the longstanding strategic partnership between MOE and Sasbadi in the areas of Science, Technology, Engineering, and Mathematics (“STEM”) education (dating back to 2005), Malaysia’s contingent at the 22nd World Robot Olympiad International Final 2025 in Singapore (26–28 November 2025) delivered an exceptional performance. Our 16 national teams captured 50% of the available gold medals by winning four gold medals, four silver medals, and two excellence awards, thereby securing Malaysia’s position as overall champion for the 13th time and outperforming participants from 91 countries. This remarkable achievement demonstrates the global competitiveness of our Malaysian youths in STEM disciplines and critical 21st century skills. Message to Shareholders 2.57sen 37.22sen 0.75sen 5.17% EARNINGS PER SHARE NET ASSETS PER SHARE DIVIDEND PER SHARE DIVIDEND YIELD FYE 2025
RkJQdWJsaXNoZXIy NDgzMzc=