- Automotive revenue rose slightly in 2025 despite weaker Q4 vehicle sales.
- Upcoming Nissan Serena e-POWER launch is expected to support sales recovery.
Tan Chong Motor Holdings Berhad reported its latest performance update with the Tan Chong Motor Holdings Berhad 2025 financial results showing modest revenue growth despite a difficult final quarter. The company stated that the automotive division operated in a generally supportive market environment during 2025, although weaker vehicle demand in the fourth quarter and higher foreign exchange losses weighed on overall profitability.
Annual performance and revenue trends
For the financial year ending December 31, 2025, the group’s automotive revenue increased slightly compared with the previous year. Total group revenue rose 1.3% year-over-year to MYR 2.11 billion, while loss before tax narrowed to MYR 175.4 million.
The automotive division returned to EBITDA during the year, supported primarily by a one-off property fair value gain. Excluding this accounting adjustment, however, the division continued to record an operating loss.
Regional market performance
Malaysia remained the company’s core automotive market and continued to contribute the largest share of sales. Operations in Myanmar improved and turned profitable during the year, while Vietnam remained a challenging market with weaker performance.
Fourth quarter pressures
In the final quarter of 2025, revenue declined to MYR 487.3 million, representing a 4.7% drop compared with the same period a year earlier. Loss before tax widened to MYR 59.5 million as vehicle sales softened and currency-related costs increased.
Product launches expected to support recovery
The group reported encouraging market reception for the TQ-Wuling Bingo EV. Looking ahead, the launch of the all-new Nissan Serena e-POWER scheduled for March 2026 is expected to help improve sales momentum, while continued cost discipline remains a key focus for the company’s automotive operations.
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