Betamek’s net profit falls 32% to RM7.07mil


PETALING JAYA: Betamek Bhd remains optimistic about its prospects, supported by continued automotive demand, increasing electronics content in vehicles and opportunities arising from the government’s push for greater local content.

For the second quarter ended Sept 30, 2026, Betamek’s net profit fell 32.1% to RM7.07mil, or earnings per share of 1.65 sen from RM10.4mil, or 2.31 sen a year earlier, mainly due to lower gross profit margins and higher operating expenses.

Revenue, however, rose 12.4% to RM81.5mil from RM72.5mil, driven mainly by higher export sales. For the six months ended Sept 30, 2026, Betamek’s net profit slipped to RM15.3mil from RM15.8mil

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