Hume Cement's 3Q Net Profit Up On Gains From Disposal Of Subsidiary
KUALA LUMPUR, May 8 (Bernama) -- Hume Cement Industries Bhd’s net profit jumped to RM243.75 million in the third quarter ended March 31, 2026 (3Q 2026), from RM40.64 million in 3Q 2025, primarily due to a one-off gain on the disposal of a subsidiary during the quarter.
In a filing to Bursa Malaysia, the cement and cement-related manufacturer said after excluding the one-off gain, it still recorded a higher profit, mainly attributable to lower input and production costs resulting from ongoing efficiency improvement initiatives.
However, revenue for the quarter was lower at RM235.89 million from RM277.68 million in 3Q 2025, mainly due to lower cement sales volume and reduced concrete sales following the cessation of the concrete segment in Peninsular Malaysia.
For the nine months of financial year 2026 (9M 2026), the group’s net profit strengthened to RM369.21 million from RM169.56 million in 9M 2025, while revenue declined to RM797.05 million from RM851.24 million previously.
Moving forward, Hume Cement expects its performance for the financial year ending June 30, 2026, to be satisfactory, barring unforeseen circumstances, and remains focused on operational excellence and cost optimisation.
It noted that the operating environment remained challenging amid heightened geopolitical tensions, particularly the ongoing West Asia conflict, resulting in energy price volatility and cost pressures.
“Management is proactively monitoring developments and implementing measures to manage cost volatility and maintain operational stability. Despite these headwinds, domestic resilience -- supported by sustained development expenditure and ongoing infrastructure projects -- continues to underpin market activity,” it added.
-- BERNAMA