MSB Global Group Berhad (“MSB Global” or the “Group“), a leading player in Malaysia’s aftermarket automotive parts and component industry, today announced its financial results for the first quarter ended 31 March 2025, marking a solid start in its first reporting period as a public-listed company.
For the quarter under review, the Group recorded revenue of RM13.83 million and profit before tax of RM1.95 million, leading to a profit after tax of RM1.51 million. The Group’s earnings per share stood at 0.32 sen, based on the pre-listing share base of 477.00 million shares. These results reflect MSB Global’s steady operational footing following its successful listing on the ACE Market of Bursa Malaysia on 15 April 2025.
The Group’s revenue continued to be supported by its core business activities in the marketing, trading, and distribution of aftermarket automotive parts and components, which contributed RM9.57 million or approximately 69.20% of the total revenue. Meanwhile, the sale of automotive lubricants and fluids, driven by the Group’s in-house brands FK FUKUOKA and ZR.ZURIC, accounted for RM4.21 million or 30.45% of total revenue. Export sales, primarily to Singapore, amounted to RM0.09 million, with the remaining contribution generated from domestic operations.
Datuk Ow Kee Foo, Managing Director of MSB Global Group Berhad, stated, “This quarter marks our first financial milestone as a listed entity, and we are pleased to have maintained profitability while navigating a softer sales cycle. Our consistent performance reaffirms the strength of our business model, built on trusted brand partnerships, operational discipline, and the growing demand for reliable aftermarket solutions.”
Following its listing, MSB Global is actively executing its growth strategy as outlined in its prospectus. The Group is progressing with the reconstruction of a new factory and warehouse in Ulu Tiram, Johor Bahru, which will support its expansion into the manufacturing of in-house automotive lubricants and fluids. Investments are also underway for the acquisition of machinery and equipment aimed at enhancing production capacity and efficiency. Concurrently, the Group is preparing to introduce its own branded electric vehicle charger by the second quarter of 2025, aligning with the national shift towards electrification and diversification of product offerings. The proceeds from the IPO are also being used to strengthen the Group’s financial position through the repayment of borrowings and to provide working capital support for day-to-day operations.
As Malaysia’s automotive aftermarket continues to expand, driven by a growing vehicle population and a rising demand for quality maintenance products, MSB Global is confident in its ability to capture a larger share of the market. Backed by its exclusive distribution of the GSP brand and a growing portfolio of proprietary brands, the Group remains committed to delivering long-term value for shareholders while scaling its presence across the nation and region.
