PETALING JAYA: DRB-Hicom Bhd anticipates a moderate outlook for the financial year ending Dec 31, 2026. For its second quarter ended June 30, 2026 (2Q26), DRB-Hicom's net profit dropped to RM30.56mil from RM58.09mil in the previous corresponding period, while revenue grew to RM5.5bil from RM4.14bil in the previous corresponding period. DRB-Hicom said revenue growth in 2Q26 was driven by higher Proton sales volume, contribution from the enlarged aerospace business following the acquisition of CTRM AeroSystems Sdn Bhd, stronger performance from the automotive distribution business, higher financing income at Bank Muamalat, and increased aviation, courier and logistics revenue within the Pos Malaysia group.
TheStar18 Aug, 2026 20:30pm - 1 day