SIME DARBY 2Q NET PROFIT UP RM431 MLN, DECLARES 3 SEN DIVIDEND

KUALA LUMPUR, Feb 26 (Bernama) -- Sime Darby Bhd's net profit for the second quarter ended Dec 31, 2025, rose to RM431 million from RM305 million a year earlier due to a higher profit from the motors division and lower finance costs.

In a filing with Bursa Malaysia today, the group said these positive factors were partly offset by a lower profit from the industrial division.

During the quarter, revenue increased to RM18.97 billion compared with RM17.72 billion registered previously.

For the first half period, it recorded RM786 million in net profit on the back of RM37 billion revenue.

Sime said a gain from the disposal of Malaysia Vision Valley (MVV) land had resulted in the higher net profit.

Nevertheless, group chief executive officer Datuk Jeffri Salim Davidson said these solid results were delivered against a challenging backdrop.

“While the industrial division experienced some headwinds, the resilience of our motors division and continued strong contributions from Sime UMW helped sustain overall performance. We have remained focused on strengthening our balance sheet, generating healthy cash flow and reducing debt.

“As a result, there has been a significant reduction in our finance costs of close to RM100 million during the first six months of this financial year. We will continue to prioritise financial discipline while redoubling our efforts to maintain market share against stiff competition,” he said.

Sime announced an interim dividend of three sen per share for the first half of the 2026 financial year.

-- BERNAMA