Heineken Malaysia Berhad (HEINEKEN Malaysia) has shared its financial results for the second quarter and the first half of 2026, ending 30 June.
In the second quarter, the company’s revenue was RM434.7 million, which is 19% lower than last year. This decrease is due to lower consumer demand and a process to balance inventory levels that started in the first quarter of 2026. As the company works through this adjustment, these steps are helping to align inventory with actual demand and prepare the business for future growth. Profit before tax and net profit were RM66.6 million and RM50.5 million, respectively, both down by 39% compared to the previous year. Reducing operating costs helped lessen the impact of the lower revenue.
For the first half of 2026, the total revenue was RM1.1 billion, down 16% from last year. Profit before tax and net profit were RM204.2 million and RM155 million, showing a 24% decrease from the same period last year.
The Board has announced a single-tier interim dividend of 40 sen per stock unit for the financial year ending December 31, 2026. This will be paid on October 14, 2026, with the entitlement date for the dividend on September 24, 2026. The total dividend for the six months ending June 30, 2026, is 40 sen per stock unit.
Commenting on the results, Martijn van Keulen, Managing Director of HEINEKEN Malaysia, said: “Amid softer consumer demand and inventory normalisation in the first half of 2026, we remained focused on strengthening the foundations of the business for long-term growth. We continue to advance key EverGreen 2030 priorities, including strengthening execution, advancing digital transformation and preparing for export opportunities. These initiatives ensure that HEINEKEN Malaysia remains agile and future-ready to capture growth opportunities. The Board’s decision to declare an interim dividend reflects our confidence in long-term growth strategy of the business.” he added.
The Group is set to start its export activities in Q3 2026. This is in line with the Group’s EverGreen 2030 strategy, which aims to improve supply chain efficiency, reduce costs, and enhance overall operations. The Group also plans to upgrade its production lines to boost manufacturing skills and efficiency for future needs.
Recently, HEINEKEN Malaysia has invested in consumer engagement with various activities. These include a lifestyle partnership for Heineken 0.0, music events at Heineken House, fan activities centered around football, and a creative project with a local artist for Tiger Beer. Guinness also conducted a nationwide consumer activation.
Martijn mentioned, “Even though customer feelings and the business environment are tough, we are focused on quickly adapting to changing demands and maintaining discipline in all areas. Following the EverGreen 2030 plan, we are carefully watching our inventory levels with customers and distributors while improving our operations. We aim to boost productivity, manage costs carefully, and make smart investments for future growth. By staying flexible and focused, we are preparing the business to seize opportunities as the market changes.”
In a broader view, the brewing industry plays a vital role in Malaysia’s economy, generating RM7.1 billion each year, contributing RM3.3 billion in taxes, and supporting over 52,000 jobs. This information comes from an Economic Impact Assessment by the Confederation of Malaysian Brewers Berhad, with help from the University of Nottingham and the Southeast Asia Public Policy Institute. The Group supports ongoing efforts against illegal beer sales and stresses the need for stable tax and policy environments to help legitimate businesses, encourage investment, and sustain economic contributions.