Sime Darby's FY26 core profit jumps 32.6pct, pays 14 sen dividend
KUALA LUMPUR: Sime Darby Bhd posted a stronger set of results for financial year 2026 (FY26), with full-year core net profit rising 32.6 per cent to RM1.55 billion.
Sime Darby Bhd reported a significant increase in its core net profit for the financial year 2026, with a 32.6% rise to RM1.55 billion. The motor division played a key role in this growth, contributing to the overall performance with higher sales and improved margins. Revenue for the year remained stable at RM69.5 billion, while the return on equity improved to 8% from 6.2% the previous year.
The company's net profit for the year was RM1.76 billion, a decline compared to FY25 due to lower gains from the disposal of Malaysia Vision Valley land. Despite this, shareholders received a dividend of 14 sen per share, totaling RM954 million for the year. The improved performance was mainly driven by the motor division, which saw a 55% increase in pre-tax profit for Q4 to RM518 million.
The industrial division also contributed significantly with RM348 million in pre-tax profit, boosted by milestone deliveries of data center projects in Malaysia. Despite challenges in the resource sector and weaker Australian operations, Sime Darby's diversified portfolio and global market presence helped them maintain resilient results.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
