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 third quarter ended 30 September 2025 (“Q3 FY2025”). The Group remained profitable for the quarter, supported by resilient demand for its core product lines in aftermarket automotive parts, components, and automotive lubricants and fluids and disciplined financial management.
On a Quarter-on-Quarter (“QoQ”) basis, MSB Global’s revenue for Q3 FY2025 registered RM13.70 million, a marginal decline of 1.37% compared to RM13.89 million in the preceding immediate quarter (“Q2 FY2025”). Profit After Tax (“PAT”) improved from a Loss After Tax (“LAT”) of RM1.39 million in preceding quarter to a profit after tax of RM0.81 million in Q3 FY2025, representing a swing of RM2.20 million, mainly due to the absence of one-off listing expenses amounting to RM 2.78 million incurred in Q2 FY2025. Similarly, Profit Before Tax (“PBT”) rebounded sharply from a loss before tax of RM0.78 million in the preceding quarter to a PBT of RM1.01 million in Q3 FY2025.
For the nine-month period ended 30 September 2025, the Group recorded RM41.41 million in revenue, supported mainly by the aftermarket automotive parts and components segment which contributed RM28.60 million, or approximately 69.06% of total revenue. Cumulatively, MSB Global achieved PAT of RM0.93 million, reflecting stabilised operational performance following its listing. The Group’s cumulative profitability remained supported by its domestic dealer network and the expansion of its product mix, particularly in automotive lubricants and fluids.
The Group is also making steady progress in deploying the proceeds raised from its Initial Public Offering (“IPO”). Out of the total gross IPO proceeds of RM26.60 million, approximately RM10.07 million has been utilised to date, primarily for the repayment of bank borrowings amounting to RM5.37 million and payment of listing expenses of RM4.24 million. The remaining proceeds of about RM16.53 million are earmarked for the reconstruction of a new factory-cum-warehouse, the purchase of new machinery and equipment, the development of the Group’s in-house branded EV charger, repayment of bank borrowings and general working capital, in line with the utilisation plan outlined in the prospectus. This careful and phased deployment is expected to further strengthen MSB Global’s operating infrastructure and support its longer-term growth trajectory.
Datuk Ow Kee Foo, Managing Director of MSB Global Group Berhad, said, “Our Q3 FY2025 results show that MSB Global remains fundamentally profitable despite near-term headwinds. With a healthier cash position and lower borrowings, the Group is better placed to maintain financial discipline and execute our priorities in a measured manner. We will continue to refine our product mix, prioritise higher-margin categories and manage inventory more proactively, while supporting our dealers with targeted promotions and technical support.”
He added, “The IPO proceeds are being utilised as planned to enhance our capacity and capabilities. The upcoming factory-cum-warehouse reconstruction, investments in machinery and equipment, and our in-house EV charger initiative are all strategic steps to future-proof MSB Global in an evolving automotive ecosystem.”
Looking ahead, MSB Global remains cautiously optimistic as it continues strengthening its core operations and improving efficiency across its automotive parts and lubricants segments. Beyond internal enhancements, the Group is also building on the strategic momentum from its earlier collaboration with Zhejiang GOLD Intelligent Suspension Corp, which granted MSB Machinery Corporation (Malaysia) Sdn Bhd the exclusive 10-year distributorship for GOLD-brand shock absorbers across Malaysia, Thailand and Singapore, targeting a cumulative sales volume of RMB50.00 million (approximately RM30.00 million; based on 1RMB to 0.59 MYR). This partnership marked MSB Global’s first major step into a broader Southeast Asian aftermarket footprint, and together with the ongoing deployment of IPO proceeds toward capacity expansion and product development, the Group believes it is well positioned to unlock new growth avenues while delivering sustained long-term value to shareholders.
