KUALA LUMPUR: Swift Haulage Bhd
remains cautiously optimistic on its outlook for the financial year ending 2026, supported by resilient domestic demand, continued trade growth and ongoing expansion initiatives.
For the quarter ended March 31, 2026, the group’s net profit rose 4% to RM7.5mil from RM7.2mil a year earlier, while revenue edged up to RM189.5mil from RM189.2mil previously.
The integrated logistics services firm said demand across its core logistics segments is expected to remain steady heading into the second quarter of the financial year ending Dec 31, 2026 (FY26), despite uncertainties arising from the evolving conflict in the Middle East.
“While the evolving conflict in the Middle East has introduced uncertainties to the global supply chain environment, the Group has observed minimal direct impact on its operations to date,” it said in a filing with Bursa Malaysia.
Swift noted that the majority of its commercial transport vehicles are based in Malaysia and continue to be supported by diesel subsidies under the Sistem Kawalan Diesel Subsidi (SKDS) programme.
“Nevertheless, Swift continues to closely monitor geopolitical developments, given their potential impact on shipping routes, fuel prices, supply chain disruptions and overall trade sentiment,” it said.
It added that its associate company, Global Vision Logistics Sdn Bhd has commenced operations at the Shah Alam International Logistics Hub (SAILH) in 2Q26, adding 2.8 million sq ft of green-certified storage capacity to its network.
Swift said its cold chain venture remains on track to begin operations in June 2026, allowing the group to expand into temperature-controlled logistics services for the food, pharmaceutical and perishable goods sectors.
For its container haulage and land transportation divisions, the group said it remains focused on fleet optimisation, cost management and operational efficiency amid a competitive operating environment.
“In line with our carbon reduction agenda, Swift will continue expanding its Electric Vehicle (EV) Prime Mover fleet and the rollout of charging infrastructure at key operational sites throughout the year,” it said.
The group added that it is also evaluating expansion opportunities in East Malaysia to strengthen its geographic footprint and capture rising trade- and infrastructure-related demand in the region.
