Gabra Malaysia

Betamek Records 24.7% Revenue Growth for 1H FYE2027, Declares Second Interim Dividend of 1.25 Sen

Encik Muhammad Fauzi Bin Abd Ghani, Executive Director of Betamek

Betamek Berhad (“Betamek” or the “Group“), an Original Design Manufacturer (“ODM“) and a leading player in electronics manufacturing services (“EMS”) for the automotive and industrial sector, recorded revenue of RM161.31 million for the six months ended 30 September 2026 (“1H FYE2027”), representing an increase of 24.7% from RM129.35 million in the corresponding period last year.

The increase was mainly attributable to higher export and local sales, which rose by RM22.46 million and RM9.49 million, respectively.

For 1H FYE2027, profit before tax (“PBT”) increased by 4.3% to RM20.50 million from RM19.66 million, while gross profit rose by 11.1% to RM29.93 million from RM26.94 million. Profit after tax stood at RM15.30 million, compared with RM15.78 million in the corresponding period last year.

Vehicle audio and video products remained the Group’s largest revenue contributor at RM94.94 million, followed by vehicle accessories at RM51.37 million, connectivity modules at RM7.12 million and non-automotive products at RM7.88 million.

For the second quarter ended 30 September 2026 (“Q2 FYE2027”), the Group recorded revenue of RM81.49 million, an increase of 12.4% from RM72.48 million in the corresponding quarter last year, mainly attributable to higher export sales. PBT stood at RM9.29 million, compared with RM12.50 million previously, primarily due to a lower gross profit margin and higher other operating expenses, including net foreign exchange losses

Compared with the immediate preceding quarter, revenue increased by 2.1% from RM79.82 million, driven by higher sales of vehicle audio and video products, vehicle accessories and non-automotive products, largely offset by lower sales of connectivity modules.

Gross profit margin declined to 16.70% from 20.44%, mainly due to a change in product mix, including a lower contribution from higher-margin connectivity modules, as well as higher material costs arising from the strengthening of the US Dollar and Chinese Renminbi against the Ringgit. Correspondingly, PBT margin stood at 11.40%, compared with 14.05% in the preceding quarter.

The Group continued to broaden its geographical customer base, with export sales accounting for approximately 19.3% of total revenue in 1H FYE2027. Revenue from Hong Kong increased to RM29.03 million from RM6.55 million in the corresponding period last year, while revenue from Malaysia increased to RM130.12 million from RM120.62 million.

The Group also continues to expand its customer base and product offerings within the non-automotive electrical and electronics segment as part of its strategy to reduce reliance on any single customer or market segment.

In line with its commitment to delivering shareholder value, the Board has declared a second interim single-tier dividend of 1.25 sen per ordinary share in respect of FYE2027, payable on 7 December 2026 to shareholders whose names appear in the Record of Depositors on 26 November 2026. Together with the first interim dividend of 1.25 sen per ordinary share paid in August 2026, the Group has declared cumulative dividends of 2.50 sen per ordinary share for FYE2027 to date.

En. Muhammad Fauzi bin Abd Ghani, Executive Director of Betamek said:

“Our performance in the first half reflects the underlying strength of Betamek’s business and the continued relevance of our capabilities in an evolving automotive landscape. We are focused on building a more competitive and resilient Group by enhancing our technological capabilities, maintaining high manufacturing standards and positioning Betamek to capture opportunities arising from increasingly sophisticated vehicle technologies. These priorities will support our ability to meet customers’ evolving requirements and create sustainable value over the long term.”

Looking ahead, Betamek remains optimistic about its prospects, supported by continued automotive demand, increasing electronics content in vehicles and opportunities arising from the Government’s focus on greater local content. The recent renewal of the Supplier Competitiveness Level (“SCL”) Level 5 certification by the Malaysia Automotive, Robotics and IoT Institute (“MARii”) for a further three years until 2029 further affirms the Group’s manufacturing capabilities, quality standards and commitment to continuous improvement.

While remaining mindful of foreign exchange volatility, raw material costs and product mix, the Group will maintain its focus on cost discipline, operational efficiency and diversification to support sustainable long-term growth.

For more information, visit https://www.betamek.com.my/.

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