BMS Holdings Posts RM4.47 Million Net Profit in Second Quarter, Core Operations Remain Solid After Listing
PETALING JAYA – BMS Holdings Berhad recorded a net profit of RM4.47 million for the second quarter ended December 31, 2025, reflecting the resilience of its core operations despite incurring one-off listing expenses.
In a filing with Bursa Malaysia, the retailer and distributor of tiles, stone surfaces, and bathroom and kitchen fittings said the quarter’s performance was affected by RM1.25 million in one-off listing expenses following its admission to the ACE Market.
Impact of Listing Expenses and Adjusted Performance
Excluding the non-recurring costs, adjusted net profit for the quarter was estimated at RM5.71 million, translating into an adjusted net profit margin of 6.05 percent. The adjusted figures underscore the stability of BMS’s underlying business model and operational efficiency.
The ACE Market listing marked a strategic milestone aimed at strengthening the company’s capital position and enhancing its corporate profile within the competitive building materials and interior finishing industry.
Revenue Growth and Margin Strength
For the second quarter of financial year 2026, BMS registered revenue of RM94.39 million, supported by steady retail demand and stronger contributions from project-related sales.
Gross profit stood at RM31.45 million, with a gross profit margin of 33.32 percent. The performance reflected disciplined pricing strategies and effective cost management across its retail and distribution network.
Managing Director Ang Kwee Peng described the quarter as a significant transition period as the company embarked on its journey as a publicly listed entity.
He noted that despite the one-off listing expenses, core operations remained profitable and cash-generative, backed by stable demand across both retail and project segments.
Interim Dividend Declaration
BMS also declared a single-tier interim dividend of 0.2 sen per share for the financial year ending June 30, 2026, amounting to approximately RM3.08 million.
The entitlement date has been set for March 5, 2026, with payment scheduled for April 3, 2026. The dividend declaration signals management’s confidence in the company’s cash flow position and future prospects.
Six-Month Performance and Outlook
On a cumulative basis for the six months ended December 31, 2025, BMS recorded revenue of RM179.20 million, gross profit of RM60.07 million, and net profit of RM9.86 million.
After adjusting for listing expenses, cumulative adjusted net profit was estimated at RM11.32 million, highlighting the resilience of its earnings base.
Looking ahead, BMS remains cautiously optimistic about its prospects for the remainder of the financial year. Demand for surface covering and home improvement products is expected to remain supported by ongoing residential and non-residential developments, renovation activities, and stable domestic consumption.
The company will continue to focus on expanding its retail footprint, optimising logistics and warehouse efficiency, and broadening its product offerings with an emphasis on higher-value and design-oriented solutions.
-wilayah.com.my
