PETALING JAYA: DRB-Hicom Bhd
anticipates a moderate outlook for the financial year ending Dec 31, 2026.
For its second quarter ended June 30, 2026 (2Q26), DRB-Hicom’s net profit dropped to RM30.56mil from RM58.09mil in the previous corresponding period, while revenue grew to RM5.5bil from RM4.14bil in the previous corresponding period.
DRB-Hicom said revenue growth in 2Q26 was driven by higher Proton sales volume, contribution from the enlarged aerospace business following the acquisition of CTRM AeroSystems Sdn Bhd, stronger performance from the automotive distribution business, higher financing income at Bank Muamalat, and increased aviation, courier and logistics revenue within the Pos Malaysia group.
DRB-Hicom said it recorded a pre-tax profit of RM148.12mil in 2Q26, an increase of 20.2% year-on-year.
“The increase in pre-tax profit was driven primarily by the mobility segment, supported by improved results from the postal and services segments, but partially offset by weaker performance in the banking and properties segments.”
For the six-month period ended June 30, 2026 (1H26), DRB-Hicom’s net profit stood at RM75.56mil compared with RM75.82mil in the previous corresponding period, while revenue rose to RM10.26bil compared with RM8.25bil a year earlier.
For 1H26, DRB-Hicom said revenue increased by 32.5% to RM7.99bil for the mobility segment, driven by higher Proton sales volume, stronger contribution from the enlarged aerospace business and improved performance from the automotive distribution business.
“For the banking segment, revenue increased by 8.6% to RM1.18bil, reflecting higher financing income from growth in financing volume and an expanding customer base,” it said.
For the postal segment, revenue increased by 8.3% to RM964.55mil, supported by higher aviation ground-handling revenue arising from increased flight frequencies, stronger marine revenue as both vessels were fully operational, and increased courier revenue from higher volume.
“This was partially offset by lower mail revenue due to declining mail volume.”
Revenue for the services segment, meanwhile, increased by 2.8% to RM106.35mil, mainly due to higher vehicle inspection volume.
Additionally, revenue for the properties division declined to RM24.29mil, mainly due to lower revenue from property development and construction projects.
DRB-Hicom noted that in 1H26, the Proton e.MAS captured a 42.6% share of Malaysia’s fully electric vehicle market.
“The Proton e.MAS 5 accounted for 60.6% of Proton e.MAS sales, while the Proton e.MAS 7 plug-in hybrid electric vehicle quickly gained traction, contributing 23.1%.
“Strong demand for Proton’s electrified vehicle (xEV) lineup drove cumulative Proton e.MAS sales beyond 30,000 units within 20 months of the launch of the e.MAS 7 in December 2024.”
Building on this strong performance, DRB-Hicom said Proton is well placed to strengthen its competitive position and accelerate xEV adoption through continued operational excellence, network enhancements and customer-focused initiatives.
“In the postal segment, Pos Malaysia continued to make progress in its turnaround efforts, with losses narrowing by 30.1% year-on-year.
“Other segments within the group, namely banking, services and properties, will continue advancing their digitalisation agenda, leveraging innovation and technology to enhance operational efficiency and create long-term value.”
