Bermaz Auto's Q1 earnings surge to RM40.5mil, revenue rises to RM553mil
KUALA LUMPUR: Bermaz Auto Bhd’s net profit jumped multifold to RM40.5 million in the first quarter of financial year 2026 (Q1 FY26) from RM8.28 million a year earlier, due to higher sales volume from its Mazda domestic operations.
KUALA LUMPUR: Bermaz Auto Bhd reported a significant surge in net profit and revenue for the first quarter of financial year 2026, driven by increased sales from its Mazda operations. The company's net profit climbed to RM40.5 million, up from RM8.28 million in the previous year, while revenue rose 12.6% to RM553 million. This growth was primarily attributed to higher sales of the Mazda3 model.
However, lower sales from its Kia operations, following the loss of distributorship, partially offset this success. The company attributes its improved performance to the favorable reception of the Mazda3, as well as the launch of new CBU models such as the Mazda3 and electric vehicles like the Xpeng G6 and X9. Despite inflationary pressures, geopolitical uncertainties, and excess inventory, Bermaz Auto remains confident in its ability to maintain its competitive position and profitability in the upcoming financial year.
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.
