KUALA LUMPUR: Magnum Bhd
’s net profit slipped 11.9% to RM43.8mil in the first quarter ended March 31, 2026, from RM49.8mil a year earlier.
The numbers forecast operator’s (NFO) revenue fell 11.3% to RM575.2mil from RM648.9mil previously, while earnings per share declined to 3.05 sen from 3.46 sen.
Magnum said both lower revenue and profit were mainly attributed to the gaming division.
The board declared a first interim single-tier dividend of 2.5 sen per share for the financial year ending Dec 31, 2026 (FY26), unchanged from a year earlier.
The dividend will be paid on June 24, to shareholders on the register of depositors as at June 11, 2026.
Magnum remains cautiously optimistic despite ongoing illegal gaming activities, cautious consumer sentiment, weaker market conditions and heightened geopolitical uncertainties arising from tensions in the Middle East.
“The group will continue to focus on strengthening operational resilience, enhancing customer engagement and supporting sales
momentum across its retail network,” the numbers forecast operator (NFO) said in a filing with Bursa Malaysia.
It will also leverage its upgraded core gaming system and ongoing digital initiatives to enhance operational efficiency, customer convenience and the overall gaming experience.
Barring any unforeseen circumstances, Magnum said these initiatives, together with disciplined cost management, are expected to support the group’s operations and performance for the rest of FY26.
