PETALING JAYA: Tasco Bhd
expects the remainder of its financial year ending March 31, 2026 (FY26) to remain challenging, but sees opportunities from logistics demand tied to eCommerce growth, potential trade diversion as global supply chains re-align, and increased cross-border freight activity.
In its filing with Bursa Malaysia, the logistics services provider said its revenue slipped 21.7% year-on-year (y-o-y) to RM231.58mil for the second quarter ended Sept 30 (2Q26) while net profit increased 18.2% to RM9.62mil.
For its first half ended Sept 30, Tasco’s revenue declined 16.8% y-o-y to RM454.15mil, while net profit rose 24.3% to RM18.81mil.
Revenue from its international business solutions segment dropped 16.3% y-o-y but pre-tax profit grew 36.8% to RM11.9mil.
The domestic business solutions segment saw a 17.1% decline in revenue, with pre-tax profit down 32.4% to RM16.7mil.
