Bermaz Auto FY2026 Profit Drops Close To 30% On Distributorship Loss, Lower Sales

For the quarter ended 30 April 2026, Bermaz Auto reported a higher revenue and profit before tax of RM544.7 million and RM67.4 million respectively as compared to the preceding year corresponding quarter which reported a Group revenue and profit before tax of RM528.6 million and RM34.6 million respectively.

Group revenue increased by RM16.0 million (3.0%) largely due to higher sales volume from its Mazda domestic operations in particular the Mazda3, which continued to receive good response from consumers. The increase was however partly offset by lower sales volume from its Kia domestic operations following the cessation of the distributorship in November 2025 (“Kia Cessation”) as compared to the preceding financial year corresponding quarter.

The Group’s profit before tax increased by RM32.8 million (94.6%) compared to the preceding financial year corresponding quarter largely due to higher sales volume from its Mazda domestic operations and improved margins from the change in sales mix.

The Group had also accounted for the expense relating to the Group’s Employees’ Share Scheme amounting to RM0.7 million in the quarter under review as compared to RM1.2 million in the preceding year corresponding quarter.

For the financial year ended 30 April 2026, Bermaz Auto reported a lower revenue and profit before tax of RM2.28 billion and RM174.3 million respectively as compared to the preceding financial year which reported a Group revenue and profit before tax of RM2.62 billion and RM221.5 million respectively. Profit after tax declined to RM117 million from RM165 million.

Group revenue decreased by RM346.6 million (-13.2%) largely due to lower sales volume in the first half of the financial year under review as certain Mazda and Kia vehicles were nearing their end of product lifecycles and the Kia Cessation. The said decrease was however mitigated by the increase in sales volume of the Mazda an Xpeng domestic operations in the second half of the financial year due to the continued good response from consumers for the Mazda3, Xpeng G6 and X9 models.

In line with the decrease in Group revenue, the Group’s profit before tax had also decreased by RM47.2 million (-21.3%) compared to the preceding financial year largely due to lower profit contribution from its Mazda domestic operations and share of losses from its associated companies compared to share of profits in the preceding financial year. The decrease in the Group’s profit before tax was however partly mitigated by the profit contributions from the Xpeng domestic operations.

The Group had also accounted for the expense relating to the Group’s Employees’ Share Scheme amounting to RM3.9 million in the financial year under review as compared to RM6.6 million in the previous financial year

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