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HI Mobility Starts FY2027 With 13.5% Net Profit Growth as Bus Services and Vehicle Distribution Lift Revenue

Kuala Lumpur, 29 June 2026 – HI Mobility Berhad opened its financial year ending 31 January 2027 on a stronger note, posting a 13.5% year-on-year increase in net profit for the first quarter as its core scheduled bus services business remained resilient and its new vehicle assembly and distribution arm made its maiden revenue contribution.

For the first quarter ended 30 April 2026, the mass transit and cross-border bus operator recorded profit after tax of RM16.3 million, compared with the previous corresponding period. Profit before tax rose 7.0% year-on-year to RM18.9 million.

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  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.

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