British American Tobacco announced its financial results for the second quarter ended 30 June 2026 (Q2FY2026) recording a revenue of RM515 million compared with RM160 million registered in the preceding quarter (Q1FY2026), this was however lower compared to the same period in FY25 of RM624 million
However, operating expenses increased by 19.3% quarter-on-quarter, primarily due to costs associated with the implementation of the new Route-to-Market (RTM) model.
The Group said it closed Q2FY2026 on a positive note, with a profit from operations of RM33 million, compared with a loss of RM42 million in Q1FY2026. However, profit after tax was down 80% to RM10 million from RM50 million recorded in the same period last year.
Cumulatively, for the first half of the 2026 financial year, the Group recorded a lower revenue of RM676 million compared with RM947 million a year ago. Operating expenses increased by 48.4% compared with the corresponding period last year, reflecting transition-related costs and business restructuring activities. Consequently, the Group recorded a loss of RM22 million for the first half of the financial year.
