{"article":{"id":72,"slug":"samaiden-shifts-focus-to-recurring-income-via-renewable-energy-asset-expansion","title":"Samaiden Shifts Focus to Recurring Income via Renewable Energy Asset Expansion","category":"news","summary":"    English     Order Book Security  : Samaiden has secured all solar panels for its current RM600 million order book, hedging against rising costs following Ch","content":"### English\n* **Order Book Security**: Samaiden has secured all solar panels for its current RM600 million order book, hedging against rising costs following China's removal of VAT export rebates.\n* **Growth Strategy**: The company is transitioning toward recurring income by building a renewable energy (RE) asset portfolio, with an effective ownership capacity of approximately 202MW.\n* **Key Projects**: Two major 99.9MW utility-scale solar farms in Kelantan and Johor are expected to be operational by October 2027, with full revenue contribution projected for FY2028.\n* **Financial Outlook**: RE assets are expected to contribute 10%–15% of total revenue by FY2028, with net profit margins anticipated to improve from the historical 5.7%–7.9% range.\n* **Risk Management**: Samaiden includes contractual clauses to pass VAT-related cost increases to clients and maintains strong industry partnerships by acting as both an EPCC contractor and minority investor.\n\n### 中文\n* **订单储备保障**：Samaiden 已为其目前 6 亿令吉的订单锁定了全部太阳能电池板供应，成功规避了中国取消增值税出口退税带来的成本上涨风险。\n* **增长战略**：公司正通过构建可再生能源（RE）资产组合向经常性收入转型，有效装机容量约为 202 兆瓦。\n* **核心项目**：位于吉兰丹和柔佛的两个 99.9 兆瓦大型太阳能光伏项目预计于 2027 年 10 月投入运营，并预计在 2028 财年实现全面营收贡献。\n* **财务前景**：预计到 2028 财年，可再生能源资产将贡献总收入的 10% 至 15%，净利润率有望从过去 5.7% 至 7.9% 的水平进一步提升。\n* **风险管理**：Samaiden 通过合同条款将增值税成本转嫁给客户，并作为 EPCC 承包商和少数股东参与项目，以维持良好的行业合作伙伴关系。","html_content":"<h3>English</h3>\n<ul>\n<li><strong>Order Book Security</strong>: Samaiden has secured all solar panels for its current RM600 million order book, hedging against rising costs following China&#39;s removal of VAT export rebates.</li>\n<li><strong>Growth Strategy</strong>: The company is transitioning toward recurring income by building a renewable energy (RE) asset portfolio, with an effective ownership capacity of approximately 202MW.</li>\n<li><strong>Key Projects</strong>: Two major 99.9MW utility-scale solar farms in Kelantan and Johor are expected to be operational by October 2027, with full revenue contribution projected for FY2028.</li>\n<li><strong>Financial Outlook</strong>: RE assets are expected to contribute 10%–15% of total revenue by FY2028, with net profit margins anticipated to improve from the historical 5.7%–7.9% range.</li>\n<li><strong>Risk Management</strong>: Samaiden includes contractual clauses to pass VAT-related cost increases to clients and maintains strong industry partnerships by acting as both an EPCC contractor and minority investor.</li>\n</ul>\n<h3>中文</h3>\n<ul>\n<li><strong>订单储备保障</strong>：Samaiden 已为其目前 6 亿令吉的订单锁定了全部太阳能电池板供应，成功规避了中国取消增值税出口退税带来的成本上涨风险。</li>\n<li><strong>增长战略</strong>：公司正通过构建可再生能源（RE）资产组合向经常性收入转型，有效装机容量约为 202 兆瓦。</li>\n<li><strong>核心项目</strong>：位于吉兰丹和柔佛的两个 99.9 兆瓦大型太阳能光伏项目预计于 2027 年 10 月投入运营，并预计在 2028 财年实现全面营收贡献。</li>\n<li><strong>财务前景</strong>：预计到 2028 财年，可再生能源资产将贡献总收入的 10% 至 15%，净利润率有望从过去 5.7% 至 7.9% 的水平进一步提升。</li>\n<li><strong>风险管理</strong>：Samaiden 通过合同条款将增值税成本转嫁给客户，并作为 EPCC 承包商和少数股东参与项目，以维持良好的行业合作伙伴关系。</li>\n</ul>\n","author":"Solar PV Expert","tags":"","meta_description":"    English     Order Book Security  : Samaiden has secured all solar panels for its current RM600 million order book, hedging against rising costs fo","published":true,"created_at":"2026-06-10T09:19:33.106Z","updated_at":"2026-06-12T06:52:34.596Z","source_url":"https://theedgemalaysia.com/node/798057","source_name":null,"published_at":null,"noindex":false,"marketing_line":"Eternalgy is your trusted solar PV EPC in Malaysia — CIDB G3 & SEDA RPVI certified. Go solar: https://eternalgy.me/samaiden-shifts-focus-to-recurring-income-via-renewable-energy-asset-expansion","marketing_line_cn":"Eternalgy是您值得信赖的马来西亚太阳能光伏EPC——持有CIDB G3和SEDA RPVI认证。立即选择太阳能：https://eternalgy.me/samaiden-shifts-focus-to-recurring-income-via-renewable-energy-asset-expansion"},"schemaData":{"@context":"https://schema.org","@graph":[{"@type":"NewsArticle","@id":"https://eternalgy.me/samaiden-shifts-focus-to-recurring-income-via-renewable-energy-asset-expansion#newsarticle","headline":"Samaiden Shifts Focus to Recurring Income via Renewable Energy Asset Expansion","description":"    English     Order Book Security  : Samaiden has secured all solar panels for its current RM600 million order book, hedging against rising costs following Ch","image":["https://eternalgy.me/logo.png"],"datePublished":"2026-06-10T09:19:33.106Z","dateModified":"2026-06-12T06:52:34.596Z","author":{"@type":"Person","name":"Solar PV Expert"},"publisher":{"@type":"Organization","name":"Eternalgy Sdn Bhd","url":"https://eternalgy.me","logo":{"@type":"ImageObject","url":"https://eternalgy.me/logo.png"},"foundingDate":"2023-09-15","sameAs":["https://eternalgy.com","https://solarpanels.my","https://solarpanels.onesync.my","https://solar100.com.my"]},"mainEntityOfPage":"https://eternalgy.me/samaiden-shifts-focus-to-recurring-income-via-renewable-energy-asset-expansion","isBasedOn":"https://theedgemalaysia.com/node/798057"},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://eternalgy.me"},{"@type":"ListItem","position":2,"name":"Energy News","item":"https://eternalgy.me/news"},{"@type":"ListItem","position":3,"name":"Samaiden Shifts Focus to Recurring Income via Renewable Energy Asset Expansion","item":"https://eternalgy.me/samaiden-shifts-focus-to-recurring-income-via-renewable-energy-asset-expansion"}]}]}}