Sime Reports Higher Core Net Profit of RM1.55 billion for FY2026

Petaling Jaya, 27 August 2026 – Sime Darby Berhad (Sime) reported a full year core net profit of RM1.55 billion for the Group’s financial year ended 30 June 2026 (FY2026), representing a 32.6 per cent increase compared to FY2025. This was largely driven by stronger contributions from the Group’s Motors division. Revenue came in at RM69.5 billion in FY2026, compared with RM70.1 billion in FY2025. Core ROE increased from 6.2% in FY2025 to 8% in FY2026.

The Group recorded a full year net profit of RM1.76 billion, a decline from FY2025 which had benefitted from a higher pre-tax gain of RM901 million on the disposal of Malaysia Vision Valley (MVV) land, compared to a gain of RM434 million in FY2026.

Sime declared a second interim dividend of 11 sen per share. Including the first interim dividend of 3 sen per share, this brings the total dividend pay-out for FY2026 to 14 sen a share or RM954 million.

“This year was marked by continued uncertainty across several of our key markets, competitive pressures in the automotive sector and softer demand in the resource sector value chain, which affected the Industrial business.

“Despite this backdrop, we delivered a solid set of results for the financial year, reflecting the resilience and hard work across the Group. In Motors, our China business recorded an improvement, while we continued to see higher electric vehicle sales in Singapore and higher overall vehicle sales in Malaysia. In Industrial, our Malaysia operations generated improved revenue from data centre deliveries.

“Our diversified portfolio and geographical footprint remain a winning combination for Sime, allowing us to deliver robust results as we navigate market cycles,” said Dato' Jeffri Salim Davidson, Sime’s Group Chief Executive Officer.

For the Group’s fourth quarter ended 30 June 2026 (Q4 FY2026), core net profit increased by 55 per cent to RM518 million, supported by improvement in the Motors division. Motors reported a higher profit before interest and tax (PBIT) of RM55 million, supported by dividend income from the Malaysia Motors business, higher EV sales in Singapore, and improved margins from the division’s Hong Kong, Macau and Taiwan operations.

The Industrial division recorded a PBIT of RM348 million, with higher revenue from data centre project milestone deliveries in Malaysia partially offsetting lower contributions from its Australian operations and impairments recognised during the quarter.

Meanwhile, the UMW division recorded a PBIT of RM219 million for the quarter, with a higher share of profits from Perodua partially mitigating softer performance in its automotive business.

“We have come through a challenging year and, operationally, we are in a good place, as reflected in the improvement in our core net profit. Looking ahead, we expect market headwinds to continue. Our strategy remains focused on building on the strong partnerships that we have with leading global brands and reinforcing market share to deliver sustainable long-term growth,” Dato’ Jeffri concluded.

For further information, please contact:

Cavina Lim
Group Communications
Sime Darby Berhad
Tel: +60125944559
Email: cavina.lim.aili@sime.com