Carlsberg Brewery Malaysia Bhd’s net profit for the second quarter ended June 30, 2026 (Q2’26) rose 1.2% to RM82.92 million from RM81.93 million a year earlier, supported by stronger sales and profit contribution from its Malaysian operations.
Revenue increased 5% to RM514.89 million from RM490.17 million previously, according to a filing with Bursa Malaysia. Earnings per share improved to 27.12 sen from 26.80 sen.
For the first half ended June 30, 2026 (H1’26), net profit grew 3.1% to RM181.86 million from RM176.45 million in the corresponding period, while revenue rose 5.9% to RM1.22 billion from RM1.15 billion.
Malaysia revenue climbed 8.7% to RM401.5 million in Q2’26, with profit from operations rising 11.8% to RM90.2 million. However, Singapore revenue fell 6.1% to RM113.4 million, while profit from operations plunged 47.3% to RM7.7 million, as stronger domestic sales were outweighed by lower export sales, a stronger ringgit against the Singapore dollar and the absence of prior-year trade offer adjustments.
The group declared a second interim dividend of 21 sen per share, compared with 20 sen a year earlier, bringing its cumulative interim dividend for 2026 to 45 sen per share.
Managing director Stefano Clini said consumer sentiment and discretionary spending remained cautious, while the group was also seeing early signs of the impact from the 10% excise duty increase imposed last November on consumer demand.
“Nevertheless, we are encouraged by our first-half performance, which was supported by stronger off-trade sales driven by the later CNY timing,” he said.
Looking ahead, Carlsberg Malaysia said the operating environment is expected to remain challenging amid volatile energy and input costs, geopolitical developments and broader macroeconomic uncertainty, with cost-of-living pressures and moderating labour market conditions potentially weighing on discretionary spending.
