Malaysia: Heineken Malaysia’s net profit for Q2 falls 8.93%

Heineken Malaysia Bhd saw its net profit for the second quarter ended June 30, 2025 (2QFY2025) fall 8.93%, weighed down by slower sales and higher costs from ongoing investments, The Edge Malaysia reported on August 15.

Its bourse filing showed that quarterly net profit came in at RM83 million, down from RM91.13 million a year earlier, while revenue slipped 5% to RM539.73 million from RM565.5 million.

Heineken Malaysia declared a single tier interim dividend of 40 sen per share, with an entitlement date of Oct 9, to be paid on Oct 30.

For the first half of FY2025, the group’s net profit eased 3.96% to RM205.15 million from RM213.61 million, while revenue fell 3.79% to RM1.3 billion from RM1.35 billion.

Heineken Malaysia said it continues to invest in commercial initiatives and digital infrastructure through the implementation of HEINEKEN’s Digital Backbone, a digital transformation programme designed to unlock the power of data, streamline processes and boost innovation to support long-term growth.

The Digital Backbone initiative is part of the group’s EverGreen strategy to future-proof its business.

In a statement, Heineken Malaysia managing director Martijn van Keulen said the group remains agile despite a challenging macroeconomic environment, leveraging digital solutions and data-driven decision-making to stay relevant in a dynamic market.

“The group continues to prioritise its EverGreen strategy, which drives superior and balanced growth by aligning topline expansion, profitability, and capital efficiency with sustainable and responsible business practices,” he said.

“This integrated approach enables the group to create long-term value for both shareholders and stakeholders, while contributing meaningfully to Malaysia’s broader socio-economic progress.

He noted that illicit alcohol remains a significant challenge for the industry, warning that higher taxes could unintentionally boost demand for illicit products. Heineken Malaysia, he said, will continue working closely with the Royal Malaysian Customs to combat illicit trade through enforcement support and consumer education.

At market close on Friday, August 15, shares of Heineken Malaysia dropped 10 sen or 0.43% at RM23.20. This gives the group a market capitalisation of RM7.01 billion.