PETALING JAYA: British American Tobacco (Malaysia) Bhd (BAT Malaysia) has posted a lower net profit of RM10.64mil for the second quarter ended June 30, 2026 (2Q26), compared with RM50.95mil in the previous corresponding period.

Revenue was also lower at RM515.29mil compared to RM624.75mil posted in the same quarter a year ago.

In a filing with the local stock exchange, the tobacco group said the decrease was mainly on the back of increased operating expenses associated with the implementation of the new route-to-market mode and macroeconomic pricing headwinds.

This, however, was partially offset by an increase in the sales volume.

The group has declared a second interim ordinary dividend of five sen per share for 2Q26 which is payable on Sept 28, 2026.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.