Sime Delivers Higher Q3 FY2026 Net Profit of RM654 million

This was primarily driven by a one‑off gain of RM434 million from the disposal of Malaysia Vision Valley (MVV) land. Excluding one-off items, core net profit for Q3 FY2026 increased by 55.6 per cent to RM263 million, as all three divisions registered higher profits. Meanwhile, revenue stood at RM15.8 billion.

During the quarter, the Industrial division delivered an improved profit before interest and tax (PBIT) of RM245 million, up by 10.9 per cent from the previous corresponding quarter. This was mainly due to higher equipment and product support margins in its Australia operations

The Motors division reported a higher PBIT of RM143 million in Q3 FY2026, reflecting an increase of 25.4 per cent. This was primarily attributable to improved electric vehicle sales in Singapore, as well as higher revenue and lower operating expenses in its Hong Kong operations.

Meanwhile, the UMW division recorded a PBIT of RM196 million, marginally higher than the same quarter in FY2025. While the automotive business registered a lower profit, the lubricants business saw improved results, mainly due to inventory adjustments in the previous corresponding period.

For the Group’s nine-month period ended 31 March 2026 (9M FY2026), net profit increased by 10.9 per cent to RM1.44 billion from RM1.30 billion a year ago. The Group’s revenue for the nine months increased to RM52.8 billion, compared with RM52.3 billion in the previous financial year.

"Our results this quarter reflect the continued resilience of our portfolio, even as we navigate a more complex operating environment. Our core businesses of industrial equipment and automotive have held their ground against ongoing market pressures.”

"We remain disciplined in how we manage costs, enabling us to keep the business strong even when conditions are uncertain. Our focus remains consistent — strengthening our core, protecting market share, and ensuring we are well-positioned to drive sustainable long-term growth.

“Alongside our financial performance, we are mindful of the role we play in the broader economy and our responsibility as a flagbearer for Malaysia in international markets. To this end, we are committed to strengthening the ecosystems we operate in to advance the national GEAR-Up agenda. This includes developing Malaysian talent, supporting local businesses and suppliers, and contributing to the development of globally competitive Malaysian enterprises,” said Sime’s Group Chief Executive Officer Dato’ Jeffri Salim Davidson.