Bermaz Auto Berhad for Q1 FY25 reported a lower revenue and profit before tax of RM846.2 million and RM97.8 million while net profit was at RM70 million compared to RM100 million as compared to the preceding year corresponding quarter which reported a Group revenue and profit before tax of RM1.09 billion and RM140.7 million respectively.

Group revenue decreased by RM243.1 million (22.3%) mainly attributable to lower sales volume from its domestic operations which was impacted by the launching of several new and facelift models by other marque distributors. Group revenue in respect of preceding year corresponding quarter was also higher mainly attributable to fulfilment of Mazda3 backorders for domestic market.

In line with the decrease the Group's profit before tax had also recorded a decrease of RM42.9 million (30.5%) compared to the preceding year corresponding quarter.

The Group has also accounted for the expense relating to the Group's Employees' ShareScheme amounting to RM2.0 million in the quarter under review as compared to RM0.1 million in the corresponding period.The Board said it has approved and declared a first interim dividend of 3.50 sen single-tier dividend per share in respect of financial year ending 30 April 2025 (preceding year's corresponding quarter ended 31 July 2023: 5.00 sen single-tier dividend per share). The entitlement date has been fixed on 18 October 2024 and payable on 6 November 2024