Gas Malaysia takes on cautious stance


Gas Malaysia’s fourth-quarter net profit fell 22.5% to RM87.4mil.

PETALING JAYA: Gas Malaysia Bhd expects to deliver a satisfactory performance in the financial year 2026 ending Dec 31 (FY26), while remaining cautious amid prevailing market uncertainties.

For the fourth quarter ended Dec 31, 2025, Gas Malaysia’s net profit fell 22.5% to RM87.4mil, or earnings per share of 6.80 sen, compared with RM112.7mil, or 8.78 sen, a year earlier.

Quarterly revenue declined 11.7% to RM1.81bil from RM2.05bil previously, in line with the lower average natural gas selling price, mitigated by higher sales volume.

For FY25, Gas Malaysia recorded a net profit of RM381.7mil, down 13.5% from RM441.4mil, while revenue slipped 8.8% to RM7.34bil compared with RM8.04bil last year.

It declared a second interim dividend of 8.50 sen per share on 1.284 billion ordinary shares, amounting to RM109.1mil, in respect of FY25.

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