BAT posts higher Q2 net profit


Its quarterly revenue during the period surged to to RM595.8mil against RM546.6mil, the company said in a filing with Bursa Malaysia.

KUALA LUMPUR: Cigarette maker British American Tobacco (M) Bhd’s net profit for the second quarter ended June 30, 2021, was higher at RM71.62mil, from RM54.61mil a year ago driven by domestic volume growth.

Its quarterly revenue during the period surged to to RM595.8mil against RM546.6mil, the company said in a filing with Bursa Malaysia.

The group attributed the better performance partly to the implementation of Budget 2021 measures, such as tobacco transhipment restrictions to control the tobacco black market.

The group declared a second interim dividend of 24 sen a share.

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