Betamek Berhad (“Betamek” or the “Group“), an Original Design Manufacturer (“ODM“) and a leading player in electronics manufacturing services (“EMS”) for the automotive and industrial sector, delivered a strong financial performance for the first quarter ended 30 June 2026 (“Q1 FYE2027”), supported by higher production volumes across its automotive product segments, expanding export sales and continued progress in customer diversification.
For Q1 FYE2027, the Group recorded revenue of RM79.82 million, representing a 40.3% increase from RM56.88 million in the corresponding quarter last year. Profit before tax (“PBT”) rose 56.5% to RM11.21 million, compared to RM7.16 million previously, while profit after tax increased 53.1% to RM8.25 million from RM5.39 million. Gross profit grew 55.9% to RM16.32 million, compared with RM10.46 million in the corresponding quarter last year.
The stronger performance was primarily attributable to higher sales volumes from the Group’s automotive products segment. Vehicle audio and video products remained the largest contributor, generating revenue of RM45.34 million during the quarter, while vehicle accessories contributed RM24.35 million. Connectivity modules continued to gain traction and contributed RM6.77 million, reflecting Betamek’s growing participation in higher electronics-content vehicle platforms.
Compared with the immediate preceding quarter, the Group also recorded improvements across its key financial indicators. Revenue increased 20.9% from RM66.03 million in Q4 FYE2026 to RM79.82 million, while gross profit rose from RM15.39 million to RM16.32 million. PBT similarly improved from RM9.57 million to RM11.21 million, supported by higher production volume and continued demand from key automotive programmes.
The Group’s customer diversification strategy continued to yield encouraging results. Revenue from non-major customers contributed approximately 21% of total revenue, compared with approximately 18% recorded in FYE2026, reflecting ongoing progress in broadening the Group’s customer base. At the same time, export sales accounted for approximately 18% of total revenue, supported largely by growing demand from Hong Kong and regional markets.
In line with its commitment to delivering shareholder value, the Board has declared a first interim single-tier dividend of 1.25 sen per ordinary share in respect of FYE2027, payable on 17 August 2026 to shareholders whose names appear in the Record of Depositors on 6 August 2026.
Additionally, the Board has recommended a final single-tier dividend of 1.25 sen per ordinary share in respect of FYE2026, subject to shareholders’ approval at the forthcoming Annual General Meeting. Together with the interim dividends declared during FYE2026, this brings the total dividend for the financial year to 6.00 sen per ordinary share, representing a dividend yield of approximately 9.2% based on Betamek’s closing share price as at 22 July 2026.
En. Muhammad Fauzi bin Abd Ghani, Executive Director of Betamek said: “We are pleased to begin FYE2027 on a strong footing, with revenue, gross profit and profit before tax recording healthy growth both year-on-year and quarter-on-quarter. The performance was supported by higher production volumes across our automotive product segments and continued progress in our diversification efforts. These encouraging developments reflect the strength of our business fundamentals and provide a solid foundation for sustainable long-term growth.”
Beyond its financial performance, the Group continued to strengthen its operational and technological capabilities during the quarter. Betamek Electronics (M) Sdn. Bhd., the Group’s wholly-owned subsidiary recently achieved Level 4 recognition under the Industry4WRD Smart Manufacturing Assessment programme by Malaysian Automotive Robotics and IoT Institute (MARii), reflecting the Group’s continued investment in digitalisation, automation and smart manufacturing. Meanwhile, the Group continues to advance the commercialisation of its SafeSync360 infotainment project while progressing strategic collaborations in electric vehicle communication technologies and next-generation transportation infotainment systems.
