PETALING JAYA: Tasco Bhd
remains “cautious” on its outlook, despite posting stronger earnings for the financial year ended March 31, 2026 (FY26), as softer revenue was offset by improved margins and cost discipline.
In a filing with Bursa Malaysia, the integrated logistics solutions provider flagged downside risks for FY27 including weaker global trade, geopolitical tensions, currency volatility, and higher operating costs.
“For the next financial year, operating conditions are expected to remain cautious,” it noted.
For FY26, Tasco’s revenue fell 10% to RM910.52mil from RM1.01bil in the previous financial year, mainly due to lower volumes in both its international business solutions (IBS) and domestic business solutions (DBS) segments.
IBS revenue declined 12.6% to RM389.6mil, while DBS eased 8% to RM520.9mil.
However, net profit rose 43% to RM37.47mil from RM26.2mil, supported by stronger cost management, improved operational efficiency, and better utilisation of its logistics network.
In the fourth quarter ended March 31, 2026 (4Q26), revenue rose 3.5% to RM230.31mil from RM222.59mil in 4Q25.
Net profit rebounded to RM8.54mil from a loss of RM3.19mil a year earlier, driven by a turnaround in the contract logistics division.
Tasco declared a final dividend of 1.75 sen per share, up from 1.25 sen previously, amounting to RM14mil in payouts.
