Dialog 4Q profit up 6.5% to RM147mil, declares 1.8 sen dividend
Dialog said its core business remains intact as the group realigns its focus to prioritise key competencies across all three of its upstream, midstream and downstream business segments.
Releasing its results for the fourth quarter (4Q25) and full financial year (FY25) ended June 30, Dialog saw net profit grow 6.5% year-on-year (y-o-y) for 4Q25 to RM147.4mil, despite a 24.9% fall in revenue to RM608.3mil.
Dialog said the improved profitability in 4Q25 was due to contributions from both Malaysia and international operations, as well as share of profits from the group's joint ventures and associates.
'Within Malaysia, performance was driven primarily by midstream operations which reported increased earnings from healthy tank storage occupancy.
'The current quarter also saw positive contributions from the downstream operations driven by cost optimisation initiatives and completion of some projects,' it reported in a filing to Bursa Malaysia.
On the international front, the group said revenue and profits achieved in 4Q25 were lower due to reduced business activities. Furthermore, the sale completion of its entire 60% equity interest in Dialog Jubail Supply Base during the quarter also drove international operations earnings and revenue lower.
On the other hand, net profit for the full FY25 plunged 47.2% y-o-y to RM303.8mil, as revenue also declined by 20.6% to RM2.5bil, which Dialog attributed primarily to the loss after tax reported in 2Q25, largely due to the one-off impairments in petrochemical and renewable projects, as well as engineering, procurement, construction, and commissioning projects cost overruns.
'In addition, the group's bottom line for the current financial year was also impacted by a reduced share of profits of joint ventures and associates.
'This was mainly attributable to the share of losses incurred by a joint venture company involved in the production of food grade recycled polyethylene terephthalate pellets. This joint venture company has since ceased production,' it said.
Compared to the preceding three months ended March 31, Dialog saw revenue improving 5.1% from RM578.8mil, and led to net profit also growing by 9.2% from RM135mil. The group credited the better sequential performance to higher contributions from joint ventures and associates.
Dialog proposed a dividend of 1.8 sen a share for 4Q25, bringing total dividends declared for the year to 3.1 sen per share. The total dividends declared for FY24 was 4.3 sen per share.
Anticipating the economic environment to remain challenging in the short to medium term, Dialog plans to continue building and strengthening its competencies by investing in and upskilling its workforce, as well as in digital transformation to ensure peak efficiency and competitiveness.
'Barring any unforeseen circumstances, we are optimistic of a positive performance in the financial year ending June 30, 2026,' it said.
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