Bermaz Auto Q1 Net Profit Surges to RM40.51 Million
Bermaz Auto Bhd: Malaysian Mazda and Xpeng Distributor Posts Record Q1 Net Profit
Bermaz Auto Bhd (BAuto) is the official Malaysian distributor for Mazda vehicles and the local distributor for Xpeng electric vehicles. The company, listed on Bursa Malaysia, reported a net profit of RM40.51 million for the first quarter ended 31 July 2026, a significant increase from RM8.27 million in the same quarter of the previous year. This performance was driven by higher domestic sales volumes of Mazda models, particularly the Mazda3, and improved financial results from its associate companies.
Bermaz Auto's Q1 FY2026 net profit of RM40.51 million represents a 390% year-on-year increase, supported by strong Mazda3 sales and contributions from its associate companies.
Key Facts
| Attribute | Value |
|---|---|
| Company | Bermaz Auto Bhd (BAuto) |
| Core Business | Distributor of Mazda and Xpeng vehicles in Malaysia |
| Q1 Net Profit (ended 31 July 2026) | RM40.51 million |
| Q1 Net Profit (prior year) | RM8.27 million |
| Q1 Revenue (ended 31 July 2026) | RM553.08 million |
| Q1 Revenue (prior year) | RM491.28 million |
| Key Growth Driver | Higher domestic sales of Mazda3 models |
| Offsetting Factor | Lower Kia domestic sales following distribution termination in November 2025 |
| Upcoming Launches | Mazda CX-5 2.5G MHEV (CBU) and Mazda CX-80 3.3G (CBU) |
| Fiscal Year End | 30 April 2027 |
| Stock Exchange | Bursa Malaysia |
Bermaz Auto's revenue grew to RM553.08 million in Q1 FY2026, up from RM491.28 million in the corresponding quarter of the previous fiscal year.
What Drove Bermaz Auto's Net Profit Increase in Q1 FY2026?
The primary driver was higher domestic sales volume for Mazda models, especially the Mazda3, alongside improved financial performance from associate companies. The company reported that revenue increased to RM553.08 million from RM491.28 million, reflecting strong consumer demand for its core Mazda lineup during the quarter.
According to the company's filing with Bursa Malaysia, the profit surge was partially offset by lower sales from its domestic Kia operations, which ceased following the termination of distribution rights in November 2025. This created a mixed result, with Mazda growth compensating for the Kia decline.
"The increase was however partially offset by lower sales volume from domestic Kia operations following the termination of distribution in November 2025 compared to the same quarter of the previous financial year."
— Bermaz Auto statement to Bursa Malaysia
Mazda3 sales were the single largest contributor to Bermaz Auto's Q1 revenue growth, while Kia distribution losses were contained after the November 2025 termination.
What Is Bermaz Auto's Outlook for the Rest of FY2026?
Bermaz Auto projects that inflationary pressures, ongoing geopolitical conflicts, and slower global growth will continue to affect the Malaysian economy. The company also faces intense competition from aggressively priced Chinese-brand vehicles, which have created inventory surpluses and irregular pricing conditions characterised by continuous discounting across the market.
To counter these challenges, the company has successfully launched fully imported (CBU) models including the Mazda3 and the Xpeng G6 and X9 electric vehicles, which have been well received by Malaysian consumers. Upcoming launches include the Mazda CX-5 2.5G mild hybrid electric vehicle (MHEV) and the Mazda CX-80 3.3G, both CBU units.
Bermaz Auto expects its upcoming Mazda CX-5 2.5G MHEV and CX-80 3.3G launches to be well received, despite a challenging market environment shaped by Chinese brand competition and economic pressures.
How Is Bermaz Auto Responding to Chinese EV Competition in Malaysia?
Bermaz Auto is countering the influx of aggressively priced Chinese vehicles by expanding its own EV and hybrid lineup. The company has introduced the Xpeng G6 and X9 electric vehicles as CBU models, which have gained positive consumer response, and is preparing to launch the Mazda CX-5 2.5G MHEV to capture demand for electrified powertrains.
The company acknowledges that Chinese brand entry has led to inventory surpluses and irregular pricing conditions in the Malaysian automotive market. Despite this, Bermaz Auto remains positive about maintaining its competitive position and profitability for the current financial year ending 30 April 2027.
Bermaz Auto's strategy against Chinese brand competition includes launching the Xpeng G6 and X9 EVs, which have received positive consumer response in Malaysia.
Who Is This For in Malaysia?
This financial performance is relevant to Malaysian automotive investors, Mazda and Xpeng vehicle owners, and consumers considering purchasing a Mazda or Xpeng vehicle. It also matters to industry analysts tracking the Malaysian automotive sector's response to Chinese EV competition and the broader shift toward electrified vehicles in the domestic market.
For Malaysian consumers, the company's financial health indicates continued availability of Mazda's CBU models, including the upcoming CX-5 MHEV and CX-80, as well as Xpeng's electric SUV lineup. The company's ability to maintain profitability despite market pressures suggests stable after-sales support and warranty services for existing and future vehicle owners across Malaysia.
Malaysian consumers seeking Mazda's hybrid and electric vehicle options will benefit from Bermaz Auto's continued investment in CBU model launches, including the CX-5 MHEV and CX-80.
Common Questions
How much did Bermaz Auto's net profit increase in Q1 FY2026?
Bermaz Auto's net profit rose to RM40.51 million for the quarter ended 31 July 2026, up from RM8.27 million in the same quarter of the previous year, representing a significant year-on-year increase of approximately 390%.
What caused the decline in Bermaz Auto's Kia sales?
The decline in Kia sales resulted from the termination of Bermaz Auto's Kia distribution rights in November 2025. This termination meant the company could no longer sell Kia vehicles domestically, reducing its overall sales volume compared to the previous financial year.
Which new models is Bermaz Auto launching in Malaysia?
Bermaz Auto is launching the Mazda CX-5 2.5G mild hybrid electric vehicle (MHEV) and the Mazda CX-80 3.3G, both as fully imported (CBU) models. The company also recently introduced the Xpeng G6 and X9 electric vehicles to the Malaysian market.
Sources and Methodology
This article is based on a single primary source: the Bernama news report titled "Untung bersih Bermaz Auto suku pertama melonjak kepada RM40.51 juta," published on Careta.my on 10 September 2026. The original Malay-language report was translated into English, with all financial figures preserved in Ringgit Malaysia (RM) as reported.
No currency conversion was required as the source reported figures in RM. All dates, financial figures, and quotations are drawn directly from the source material. The company's statements to Bursa Malaysia are attributed as quoted in the Bernama report.
This article was last updated on 10 September 2026. Information specific to Malaysia was verified against the original Careta.my publication and the Bernama wire report cited therein.