Dialog expects challenging economic environment ahead


PETALING JAYA: Dialog Group Bhd anticipates the economic environment to remain challenging in the short to medium term.

As such, the integrated technical service provider said it will continue to build and strengthen its competencies by investing in and upskilling its workforce and digital transformation to remain efficient and competitive.

“Barring any unforeseen circumstances, the group is optimistic of its positive performance in the financial year ending June 30, 2026,” it said in a Bursa Malaysia filing.

For its first quarter ended Sept 30, 2025, Dialog’s net profit dropped to RM140.02mil from RM150.97mil in the previous corresponding period.

Revenue in the first quarter, meanwhile, rose to RM657mil from RM634.45mil a year earlier.

“Despite the resilient operational performance, the group’s net profit after tax for the current financial quarter of RM146.2mil was 1.6% lower than RM148.6mil reported in the same period last year.

“This slight decline was primarily due to a reduced profit contributions from its joint ventures and associates.”

Within Malaysia, Dialog said its performance was driven primarily by midstream operations which reported increased earnings from healthy tank storage occupancy.

“The current quarter also saw higher contributions from the downstream operations largely following cost optimisation initiatives and completion of several projects.

“Profit contribution from the upstream operation for the current financial quarter was, however, lower when compared to the same period last year due to both reduced crude oil allocation and lower realised oil prices.”

On the international front, Dialog said its improved performance was attributable to increased fabrication activities in New Zealand and higher contributions from engineering and maintenance activities in Singapore due to completion of projects.

“The profit contributions from joint ventures and associates for the current financial quarter was lower against the same period last year due to unrealised foreign exchange movement.”

Dialog said it had recommended a final cash dividend of 1.80 sen (previous corresponding year: 2.80 sen) per ordinary share in respect of the previous financial year for approval of the shareholders at its forthcoming AGM.

“Subject to the approval, the entitlement of the final dividend will be determined based on the shareholders registered in the record of depositors as at Dec 3, 2025 and the date of payment will be on Dec 19, 2025.

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