PETALING JAYA: Bermaz Auto Bhd (BAuto) reported higher group revenue and profit before tax (PBT) of RM544.7 million and RM67.4 million respectively in the fourth quarter ended April 30, 2026 compared to the preceding year corresponding quarter’s RM528.6 million and RM34.6 million respectively.
Group revenue increased by RM16 million (3%) 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) compared to the preceding financial year’s corresponding quarter.
The group’s PBT increased by RM32.8 million (94.6%) compared to the preceding financial year’s corresponding quarter largely due to higher sales volume from its Mazda domestic operations and improved margins from the change in sales mix.
The group also accounted for the expense relating to its employees share scheme amounting to RM0.7 million in the quarter under review compared to RM1.2 million in the preceding year’s corresponding quarter.
For the financial year ended April 30, 2026, the BAuto reported lower revenue and profit before tax of RM2.28 billion and RM174.3 million respectively compared to RM2.62 billion and RM221.5 million previously.
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 decrease was however mitigated by the increase in sales volume of the Mazda and 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 lower revenue, the group’s PBT 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 associate companies compared to share of profits in the preceding financial year.
The decrease in PBT was however partly mitigated by the profit contributions from the Xpeng domestic operations.
BAuto also accounted for the expense relating to its employees share scheme amounting to RM3.9 million in the financial year under review compared to RM6.6 million in the previous financial year.
For the current quarter ended April 30, 2026, the board has approved and declared a fourth interim dividend of 1.75 sen single-tier dividend per share and a special dividend of 1.75 sen single-tier dividend per share (preceding year’s corresponding quarter ended April 30, 2025: 1.50 sen single-tier dividend per share). The entitlement date is July 22 and payment is on Aug 5.
This will bring the total dividend declared to 7.25 sen single-tier dividend per share for the financial year ended April 30, 2026 (previous financial year ended April 30, 2025: 16.75 sen single-tier dividend per share).
On prospects, the board is cautious of the changing environment but remains positive that BAuto will be able to maintain its competitive position and profitability for the financial year ending April 30, 2027.
