BAT Malaysia posts lower profit in 2Q26


The company's revenue was also lower at RM515.29mil compared with RM624.75mil a year earlier. — Reuters

PETALING JAYA: British American Tobacco (Malaysia) Bhd (BAT Malaysia) has posted a lower net profit of RM10.64mil for the second quarter ended June 30, 2026 (2Q26), compared with RM50.95mil in the previous corresponding period.

Revenue was also lower at RM515.29mil compared to RM624.75mil posted in the same quarter a year ago.

In a filing with the local stock exchange, the tobacco group said the decrease was mainly on the back of increased operating expenses associated with the implementation of the new route-to-market mode and macroeconomic pricing headwinds.

This, however, was partially offset by an increase in the sales volume.

The group has declared a second interim ordinary dividend of five sen per share for 2Q26 which is payable on Sept 28, 2026.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

MMAG proposes RM130mil capital reduction
GB Bond's IPO oversubscribed by 8.22 times ahead of ACE Market debut
Only half of Malaysians save with formal financial institutions, study finds
Banking, tech stocks power Bursa Malaysia higher
Gold slips as oil gains and Fed officials signal rate hikes
Taiwan August export orders hit record high value, strong AI demand leads
S.Korean stocks, won lead Asian gains as AI trade rebounds
Crude palm oil prices to remain above RM4,700 per ton�for rest of 2026, MPOC says
OGX Group ventures into renewable energy with HYXI distributorship
Yes Group inks underwriting deal for ACE Market IPO

Others Also Read