SHAH ALAM: Carlsberg Brewery Malaysia Bhd
reported an increase in net profit of 1.2% year-on-year (y-o-y) to RM82.9mil on the back of a 5% y-o-y increase in revenue to RM514.9mil for the second quarter ended June 30, 2026 (2QFY26).
Managing director Stefano Clini said the improved performance in the quarter was driven by stronger sales and higher profit contribution from the Malaysia operations.
“We reported very good results in the second quarter,” he said at a media briefing on the company’s 2Q26 and first-half 2026 financial results, earlier today.
Carlsberg Malaysia’s Singapore operations reported lower revenue and profit from operations as the growth in domestic sales amid weak consumer sentiment was outweighed by lower export sales, the strengthening of the ringgit against the Singapore dollar and the absence of prior year trade offer adjustments.
The group’s earnings per share for 2QFY26 were 27.12 sen compared to 26.80 sen in 2QFY25.
Carlsberg Malaysia announced a second interim dividend of 21 sen per share for the quarter, bringing the cumulative interim dividend to 45 sen per share for the current financial year (FY26).
For the six months ended June 30, 2026 (1HFY26), net profit rise by 3.1% y-o-y to RM181.9mil versus RM176.5mil in 1HFY25, while revenue grew by 5.9% y-o-y to RM1.22bil versus RM1.15bil in the same period last year.
This was supported by a longer selling period ahead of Chinese New Year, as well as favourable pricing impact from the price adjustment in its Malaysia operations last year.
Singapore operations reported lower revenue and profit from operations.
Despite growth in domestic sales, overall performance was impacted by lower export sales, the strengthening of the ringgit against the Singapore dollar and the absence of prior year trade offer adjustments.
Going forward, Clini said Carlsberg Malaysia expects the operating environment to remain challenging amid volatile energy and input costs, geopolitical developments and broader macroeconomic uncertainty.
He said consumer sentiment is expected to remain cautious amid escalating cost-of-living pressures and moderating labour market conditions, which could weigh on discretionary spending in the second half of the year.
“Going into the second half of the year, we do anticipate a bit more volume softness,” said Clini.
He added the group will continue to monitor external developments closely, including potential supply chain risks arising from Middle East tensions, while staying focused on disciplined value management, cost optimisation and prudent resource allocation.
