KUALA LUMPUR (June 11): Bermaz Auto Bhd’s (KL:BAUTO) net profit more than doubled to RM46.62 million for the fourth quarter ended April 30, 2026 (4QFY2026) from RM21.20 million a year earlier, helped by higher domestic Mazda sales and improved margins.

Revenue rose 3% to RM544.67 million from RM528.65 million in 4QFY2025.

Earnings per share increased to 4.10 sen from 1.82 sen, according to the group's Bursa Malaysia filing on Thursday.

Bermaz Auto said the higher revenue was largely due to stronger sales volume from its domestic Mazda operations, particularly the Mazda3, which continued to receive good consumer response. This was partly offset by lower sales from its domestic Kia operations, following the cessation of the distributorship in November 2025.

Bermaz Auto declared a total dividend of 3.5 sen per share for the quarter, comprising a 1.75 sen interim dividend and a 1.75 sen special dividend, payable on Aug 5, 2026. Total dividends for FY2026 amounted to 7.25 sen per share, compared with 16.75 sen per share in FY2025.

For the full financial year ended April 30, 2026 (FY2026), however, the group’s net profit fell 29.3% to RM104.73 million from RM153.6 million in FY2025, as revenue declined 13.2% to RM2.28 billion from RM2.62 billion.

The group said the decline in full-year profit before tax was mainly due to lower profit contribution from its domestic Mazda operations and share of losses from associated companies, compared with share of profits in the previous year. This was partly mitigated by profit contribution from its domestic Xpeng operations.

On prospects, Bermaz Auto said the automotive sector is expected to register lower growth amid inflationary pressures, weaker global growth and geopolitical uncertainties in the Middle East, which have affected the global economy and supply chains.

The group also noted that the continued influx of Chinese marque vehicles had impacted sales of other vehicle brands in Malaysia, while the launch of new and facelift models under its marques would depend on market sentiment and economic conditions.

“Having considered the above, the board is cautious of the changing environment but remains positive that the group will be able to maintain its competitive position and profitability for the financial year ending April 30, 2027,” Bermaz Auto said.

Bermaz Auto is principally involved in the distribution and retailing of Mazda, Kia and Peugeot vehicles, as well as the provision of after-sales services.

Shares of Bermaz Auto closed up 1.1% at 90.5 sen on Thursday, valuing the group at RM1.06 billion.