KUALA LUMPUR: Golden Destinations Group Bhd, a full-service outbound travel experience curator, recorded revenue of RM113.17 million for Q2 ended June 30, 2026 (FY26), while adjusted profit before tax was RM5.98 million after excluding one-off IPO listing expenses of RM4.55 million.
For the six-month period of FY26, the group recorded revenue of RM240.40 million and reported PBT of RM12.37 million.
Excluding the one-off IPO listing expenses, adjusted PBT reached RM16.92 million.
On the same adjusted basis, the group would have recorded profit after tax (PAT) of RM4.83 million for Q2 FY26 and RM12.89 million for 1H of FY26.
On a quarter-on-quarter (QoQ) basis, revenue for Q2 FY26 decreased 11.1% from RM127.24 million in Q1 FY26 to RM113.17 million, mainly reflecting lower sales of series travel experience packages amid geopolitical disruptions and the seasonally softer second quarter.
The travel experience segment remained the group’s largest revenue contributor, generating RM74.22 million in Q2 FY26 and RM165.47 million in 1H of FY26, representing approximately 68.83% of total 1H FY26 revenue.
Ticketing and other services contributed RM38.94 million in Q2 of FY26 and RM74.93 million in 1H of FY26.
Golden Destinations operates primarily as a business-to-business (B2B) outbound travel experience curator under its flagship Golden Destinations (GD) brand portfolio.
The group focuses on designing curated travel itineraries, developing travel experience packages and coordinating travel services with global travel partners, supported by a nationwide network of over 800 travel agents for distribution to outbound travellers.
Managing director Mita Lim said the Q2 results should be viewed in the context of the one-off IPO listing expenses recognised during the period.
He said excluding these expenses, the group remained profitable with adjusted PBT of RM5.98 million for the quarter and RM16.92 million for the first half, which better reflects the underlying performance of its core business.
“This was achieved despite the typical second-quarter off-peak season and travel disruptions arising from geopolitical developments.
“We continue to see travel demand shifting towards Asia-centric destinations, which is aligned with our core market focus.
“At the same time, we are progressively executing our post-listing expansion plans across our new centralised headquarters, East Malaysia and Singapore, brand-building, IT infrastructure and workforce capabilities to strengthen our operating platform and support sustainable medium- to long-term growth,” he said.
With approximately three decades of experience in the travel industry, Golden Destinations has established a strong presence in Malaysia’s outbound travel segment.
The group offers a diverse portfolio of travel experience packages covering destinations across Asia, Europe, the Americas, Oceania and Africa, catering to a wide range of traveller preferences through its extensive travel agent network.
Looking ahead, Golden Destinations remains focused on executing its post-listing growth strategies, including establishing its new centralised headquarters, strengthening brand visibility through intensified marketing initiatives, expanding its geographical footprint into East Malaysia and Singapore, and enhancing its IT infrastructure and workforce capabilities.
These initiatives are expected to further strengthen the group’s operational efficiency, market positioning and long-term growth potential.
