ViTrox Corporation Reports Significant Growth Driven by AI and Expansion Initiatives
ViTrox Corporation's order book now derives approximately 50% from AI infrastructure, capitalizing on a global hyperscaler capital expenditure exceeding US$500 billion. The company's 1Q 2026 revenue grew 89% YoY, and core net profit rose 120%, thanks to strategic expansions and tax incentives.
Theia Market Signal Identification - AI Assisted
In 1Q 2026, ViTrox Corporation reported a record book-to-bill ratio of 1.3x, with AI infrastructure driving around 50% of its order book. Revenue reached RM267.1 million, a year-on-year increase of 89%, while core net profit surged by 120%.
The company is expanding its manufacturing capabilities with the launch of Campus 3.0 in Batu Kawan and the ViTrox Technical Academy, aimed at addressing labor shortages in the high-tech sector. Additionally, a 5-year income tax exemption for its subsidiary has strengthened its cash position, enabling continued investment in R&D. ViTrox is expected to transition into a significant global player in automation, with a projected FY2026 core net profit of RM237 million.
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