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MeGroup 1H2027 net profit rises to MYR 5.03 million

PUBT·11/06/2026 09:32:03
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MeGroup 1H2027 net profit rises to MYR 5.03 million
  • MeGroup’s net profit attributable to shareholders rose to MYR 4.83 million for the six months ended Sept. 30, 2026.
  • Revenue climbed 27% year over year to MYR 220.32 million, primarily driven by growth in the dealership business.
  • Gross profit margin declined to 9%, with manufacturing margins hurt by higher procurement costs following fire-related production disruption.
  • Other income increased to MYR 10.05 million, mainly due to MYR 9.74 million in fire insurance compensation.
  • Restoration of the fire-affected manufacturing premises is complete and production has resumed, while the consequential-loss insurance claim remains ongoing.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MeGroup Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 3T14WMFHAZBTEVXV) on November 06, 2026, and is solely responsible for the information contained therein.