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Tuesday, 11 August 2026

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Sime Darby Strengthens Growth Platform Through Automotive and Industrial Focus

By TLA AI Editor3 min read
A logo of Sime Darby is seen at its car showroom in Petaling Jaya, Malaysia November 30, 2023. REUTERS/Hasnoor Hussain/File Photo

Kuala Lumpur, Malaysia, 11 August 2026 – Sime Darby is positioning its automotive and industrial businesses as the foundation of its next growth phase, supported by stronger earnings, lower finance costs and a regional portfolio designed to balance different economic cycles.

For the nine months ended 31 March 2026, net profit rose 10.9% to RM1.44 billion, while revenue increased to RM52.8 billion from RM52.3 billion a year earlier. Third-quarter core net profit climbed 55.6% to RM263 million after excluding a one-off RM434 million gain from the disposal of Malaysia Vision Valley land, with all three core businesses delivering stronger profit.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.