Business

Betamek achieved 74.5% increase in PBT for Q2 FY2026

Betamek Berhad (“Betamek” or the “Company“), a prominent Original Design Manufacturer (“ODM“) in the automotive electronics sector, reported a remarkable 74.5% increase in Profit Before Tax (“PBT”) to RM12.5 million for Q2 FY2026, ending 30 September 2025. This growth resulted from higher sales volumes from domestic and export customers, enhanced margins, and operational efficiency.

Year-on-year, the Company’s revenue rose 28.7% to RM72.5 million, aided by increased orders from Perodua for vehicle audio, visual, and accessory products, as well as new components for an upcoming electric vehicle (“EV”). The export segment contributed about 6.8% of this revenue. Gross profit surged by 73.7% to RM16.5 million, with gross margins improving to 22.7%. PBT was RM12.5 million, impacted by administrative expenses totaling RM4.35 million.

Quarter-on-quarter, revenue grew 27.4% from RM56.9 million in Q1 FY2026, bolstered by stronger sales from Sanshin (Malaysia) Sdn. Bhd. (“SMSB”) and enhanced throughput. Gross profit increased by 57.5% compared to the previous quarter, while PBT surged 74.5% due to favorable exchange rates and improved cost management.

For the six-month period ended 30 September 2025 (“1H FY2026”), the Company reported RM129.4 million in revenue, a 21.7% YoY increase from RM106.3 million last year. PBT rose by 3.5% to RM19.7 million, while net profit increased to RM15.8 million from RM15.3 million in 1H FY2025.

The Board declared a second interim single-tier dividend of 1.25 sen per ordinary share for FY2026, payable on 12 December 2025 to shareholders listed in the Record of Depositors on 2 December 2025.

Encik Muhammad Fauzi Bin Abd Ghani, Executive Director of Betamek commented, “Our Q2 results reaffirm Betamek’s operational resilience and capacity to scale sustainably. The improved margin performance reflects our strong execution focus and successful integration of Sanshin (Malaysia) Sdn. Bhd. We are also encouraged by the increasing contributions from our export markets and remain focused on supporting Malaysia’s transition toward electric mobility and smart vehicle technologies.”

The Company’s financial position is strong, with total assets of RM216.3 million and net assets per share of RM0.34 as of 30 September 2025. Cash and bank balances rose to RM72.7 million, bolstered by an operating cash flow of RM29.1 million.

Looking forward, Betamek is optimistic for FY2026, supported by consistent automotive demand and new vehicle models. The integration of SMSB enhances manufacturing capabilities, while Betamek Research Sdn. Bhd. (“BRSB”) diversifies into EV charging solutions and infotainment systems.

Betamek is committed to environmental, social and governance (“ESG”) principles, investing in energy-efficient manufacturing and sustainable practices that support Malaysia’s transition to low-carbon mobility.

Drop some comments here!

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Discover more from TrendGrnd

Subscribe now to keep reading and get access to the full archive.

Continue reading