Heineken Malaysia Berhad announced its financial results for the full year ended 31 December 2025 (FY25), delivering a broadly stable performance amid a challenging operating environment.
Revenue held steady at $694 million (RM2.8 billion), reflecting a slight uplift from FY24 despite softer consumer sentiment. Profit Before Tax (PBT) increased by 4% to $150 million (RM607.7 million), supported by disciplined cost management and consistent operational execution.
Net profit moderated by 2% to $113.8 million (RM459.3 million), mainly due to the non-recurrence of reinvestment tax allowance that benefited FY24. Excluding this one-off factor, underlying profitability would have improved by approximately 4%.
For the fourth quarter ended 31 December 2025 (4QFY25), revenue rose by 2% to $207 million (RM839 million), driven by the excise duty increase in November 2025, along with effective revenue management, distribution efforts, and strategic initiatives. PBT for the quarter increased by 8%, reflecting improved performance and cost discipline.
Managing Director Martijn van Keulen said the Group delivered steady results despite macroeconomic pressures.
The Group boosted brand engagement in 2025, earning four Putra Brand Awards Platinum for Heineken, Gold for Tiger Beer and Guinness, and Bronze for Edelweiss. Campaign highlights included Guinness Clubhouse, Heineken Phones Off, Edelweiss Lemon Honey, and Star Academy 2025, which trained 1,500 bartenders.
Looking ahead, the Group remains cautious amid macroeconomic uncertainty, inflationary pressures, and excise duty impacts, while focusing on productivity, efficiency, and long-term value creation.