Kuala lumpur: Hume Cement Industries Bhd has reported a significant increase in its net profit for the third quarter ended March 31, 2026, with earnings rising to RM243.75 million compared to RM40.64 million in the same period the previous year. This increase is largely attributed to a one-off gain from the disposal of a subsidiary during the quarter.
According to BERNAMA News Agency, despite the notable one-off gain, the company still achieved a higher profit due to reduced input and production costs, which were the result of ongoing efficiency improvement initiatives. However, the revenue for the quarter saw a decrease, coming in at RM235.89 million, down from RM277.68 million in 3Q 2025. This decline was mainly due to lower cement sales volume and the cessation of the concrete segment in Peninsular Malaysia.
For the nine months of the financial year 2026, the group's net profit rose to RM369.21 million, up from RM169.56 million in the same period of the previous year, while revenue fell to RM797.05 million from RM851.24 million. Looking ahead, Hume Cement expects satisfactory performance for the financial year ending June 30, 2026, and is committed to operational excellence and cost optimisation.
The company highlighted the challenging operating environment, citing heightened geopolitical tensions and the ongoing West Asia conflict, which have led to energy price volatility and cost pressures. Management is actively monitoring these developments and implementing measures to manage cost volatility and maintain operational stability. Despite these challenges, domestic resilience, supported by sustained development expenditure and ongoing infrastructure projects, continues to bolster market activity.