Malayan Cement's FY26 net profit soars to RM903mil
KUALA LUMPUR: Malayan Cement Bhd’s earnings jumped 34.3 per cent to RM903.17 million in the financial year ended June 30, 2026 (FY26) from RM672.39 million last year, driven by higher revenue.
Malayan Cement Bhd reported a significant surge in net profit for the financial year ended June 30, 2026 (FY26), with earnings reaching RM903.17 million, a 34.3% increase from RM672.39 million in the previous year. This growth was primarily fueled by a 10% rise in revenue, reaching RM4.99 billion from RM4.53 billion. The company attributed this healthy demand to the market's need for high-grade and specialized ready-mixed concrete in various projects.
Malayan Cement highlighted that profitability continued to outpace revenue growth, which was a testament to their disciplined cost management and enhanced operational efficiency. These improvements were fueled by the increased utilization of renewable energy, waste heat recovery, advanced technological systems optimization, and reduced operating and finance costs.
These cost-saving measures helped offset the impact of higher transportation and fuel costs. In the fourth quarter of FY26, the company's earnings further grew to RM222.92 million from RM165.42 million, while revenue increased to RM1.29 billion from RM1.11 billion. The company also announced a second interim dividend of nine sen per share for FY26, with book closure scheduled for September 11 and payment on October 2.
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