Back 05 Nov 2025

MeGroup Ltd. Issues Profit Warning for 1H FY2026 as Manufacturing and Dealership Revenues Decline

Link: https://links.sgx.com/1.0.0/corporate-announcements/JGH0JPPYLFRS2DBG/1a7985d2c4c5b3d6de5286803dc9b6fac840bae12d0c25e14952fd97f6c89a34

Summay:

  • Net profit for six months ended 30 September 2025 expected to fall, with manufacturing revenue down due to fewer sales orders and project delays.

  • Dealership business also saw lower automobile sales, impacted by the pending Malaysian petrol subsidy policy and extended Hari Raya holidays.

  • Selling and distribution expenses increased in an effort to support dealership performance amid revenue headwinds.

  • Final financial results will be released by November 14, 2025.

  • Board urges shareholders to exercise caution until further details are announced.

  1. https://links.sgx.com/FileOpen/MeGroup-Annc-Profit%20Guidance-HY2026_Final.ashx?App=Announcement&FileID=866074