Betamek Berhad (“Betamek” or the “Company“), an Original Design Manufacturer (“ODM“) and a leading player in electronics components manufacturing for the automotive industry, announced a record-breaking financial performance for the fourth quarter and financial year ended 31 March 2026 (“Q4 FYE2026” and “FYE2026”), supported by higher sales volume, stronger product mix and continued progress in customer and export market diversification.
For Q4 FYE2026, the Group recorded revenue of RM66.03 million, representing a 10.5% year-on-year increase from RM59.74 million in the corresponding quarter last year. Profit before tax (“PBT”) rose 31.9% to RM9.57 million, compared to RM7.25 million previously, while profit after tax (“PAT”) increased 67.1% to RM8.43 million from RM5.04 million.
The stronger quarterly performance was mainly driven by higher sales value and improved margin contribution from selected product segments, particularly vehicle accessories, alongside disciplined cost monitoring across the Group. Gross profit for the quarter rose 46.5% to RM15.39 million, with gross profit margin improving to 23.3%, compared with 17.6% in the corresponding quarter last year.
For the full financial year, Betamek delivered a record performance across its top line, midline and bottom line. Revenue increased 15.6% year-on-year to RM275.51 million, from RM238.30 million in FYE2025, while gross profit surged 56.7% to RM58.85 million from RM37.56 million. Full-year PBT rose 26.4% to RM40.41 million, while PAT increased 32.0% to RM33.15 million, compared with RM25.11 million in the preceding financial year.
Notably, FYE2025 included a non-recurring gain on consolidation of RM6.32 million. Excluding this one-off item, Betamek’s adjusted PBT growth for FYE2026 would have been stronger, underscoring the Group’s underlying operational improvement and earnings quality.
The Group’s customer diversification efforts have also yielded positive results, with approximately 18% of revenue contributed by non-major customers, reflecting steady progress in broadening its customer base beyond its traditional core accounts. Meanwhile, export sales contributed approximately 12% of total revenue, supported by higher sales to Hong Kong and Japan, reinforcing Betamek’s ongoing efforts to expand its presence beyond the domestic market.
Encik Muhammad Fauzi bin Abd Ghani, Executive Director of Betamek said:
“FYE2026 marks another record-breaking year for Betamek Group, with growth achieved across revenue, gross profit and net profit. The results reflect the strength of our execution, the resilience of automotive demand, and the benefits of our continued focus on product mix, operational efficiency and customer diversification.
We are encouraged that non-major customers now contribute approximately 18% of revenue, while export sales account for about 12% of total revenue. This shows that our efforts to diversify our revenue base are progressing positively. Moving forward, we will continue to strengthen our position in automotive electronics while pursuing new opportunities across adjacent technology-driven segments.”
The Group’s revenue remained primarily anchored by the automotive products segment, with vehicle audio and video products contributing RM173.19 million, or 62.9% of total revenue for FYE2026, while vehicle accessories contributed RM75.24 million, or 27.3%. Connectivity modules also contributed RM7.67 million, reflecting Betamek’s growing participation in higher electronics-content vehicle platforms.
In line with its commitment to shareholder returns, the Board declared a fourth interim single-tier dividend of 1.25 sen per ordinary share in respect of FYE2026, payable on 19 June 2026 to shareholders whose names appear in the Record of Depositors on 9 June 2026. This brings the total dividend declared, paid and payable for FYE2026 to 4.75 sen per ordinary share, compared with 4.25 sen per ordinary share in FYE2025.
Looking ahead, Betamek remains cautiously optimistic of its prospects, supported by Malaysia’s resilient automotive ecosystem, continued demand in the affordable passenger vehicle segment, and increasing electronics content in vehicles.
While the Malaysian Automotive Association expects total industry volume to normalise in 2026 after a record year in 2025, the Group believes its operational discipline, customer diversification and expanding export base will provide a stronger foundation for sustainable long-term growth.
For more information, visit https://www.betamek.com.my/.
