Fm Global Logistics Holdings BhdMYX: FM

Quarterly Report For The Financial Period Ended 30 June 2025

· Issued by Fm Global Logistics Holdings Bhd

FM GLOBAL LOGISTICS HOLDINGS BERHAD

(Registration No. 199601008064 (380410-P))

CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS

FOR THE FOURTH QUARTER ENDED 30 JUNE 2025

(The figures have not been audited)

PRECEDING YEAR

CORRESPONDING

QUARTER

ENDED

30 June 2024

RM'000

CURRENT YEAR

QUARTER

ENDED

30 June 2025

RM'000

CURRENT YEAR

TO DATE

ENDED

30 June 2025

RM'000

PRECEDING YEAR

TO DATE

ENDED

30 June 2024

RM'000

Individual Quarter Cumulative Quarter

Changes

%

Changes

%

Revenue

230,498

221,572

4%

952,780

817,476

17%

Operating expenses

(220,408)

(214,299)

3%

(906,505)

(778,935)

16%

Other operating income

3,071

5,249

-41%

9,230

13,590

-32%

Profit from operations

13,161

12,522

5%

55,505

52,131

6%

Finance costs

(2,324)

(2,915)

-20%

(9,395)

(8,033)

17%

Share of profit of associates

-

307

-100%

-

309

-100%

Share of profits of joint ventures

153

510

-70%

1,654

2,249

-26%

Profit before tax

10,990

10,424

5%

47,764

46,656

2%

Tax expense

(2,245)

(3,421)

-34%

(12,612)

(12,945)

-3%

Profit for the period

8,745

7,003

25%

35,152

33,711

4%

Profit attributable to :

Owners of the parent

Non-controlling interests

8,052

693

6,655

348

21%

99%

31,100

4,052

30,895

2,816

1%

44%

8,745 7,003 25% 35,152 33,711 4%

Earnings per share (sen)

-

Basic

1.44

1.19 21% 5.57 5.53 1%

The Condensed Consolidated Statement of Profit or Loss should be read in conjunction with the accompanying explanatory notes attached and Annual Financial Report for the financial year ended 30 June 2024.

FM GLOBAL LOGISTICS HOLDINGS BERHAD

(Registration No. 199601008064 (380410-P))

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

FOR THE FOURTH QUARTER ENDED 30 JUNE 2025

(The figures have not been audited)

Individual Quarter Cumulative Quarter

PRECEDING YEAR

CORRESPONDING

QUARTER

ENDED

30 June 2024

RM'000

CURRENT YEAR

QUARTER

ENDED

30 June 2025

RM'000

Changes

%

Changes

CURRENT YEAR

TO DATE

ENDED

30 June 2025

RM'000

PRECEDING YEAR

TO DATE

ENDED

30 June 2024

RM'000

%

Other comprehensive income, net of tax

Items that may be reclassified subsequently

to profit or loss

Foreign currency translation differences

(2,265)

for foreign operations

Fair value adjustment on revaluation of property,

-

plant & equipment

Pension fund

(97)

Profit for the period 8,745 7,003 25% 35,152 33,711 4%

(969) 134% (7,484) (2,414) 210%

37,852 -100% - 37,852 -100%

321 -130% (97) 321 -130%

Total comprehensive income for the period 6,383 44,207 -86% 27,571 69,470 -60%

Total comprehensive income attributable to :

Owners of the parent

Non-controlling interests

6,237

146

44,051

156

-86%

-6%

-62%

25,606

1,965

67,349

2,121

-7%

6,383 44,207 -86% 27,571 69,470 -60%

The Condensed Consolidated Statement of Comprehensive Income should be read in conjunction with the accompanying explanatory notes

attached and Annual Financial Report for the financial year ended 30 June 2024.

FM GLOBAL LOGISTICS HOLDINGS BERHAD

(Registration No. 199601008064 (380410-P))

CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS

FOR THE FOURTH QUARTER ENDED 30 JUNE 2025

(The figures have not been audited)

FINANCIAL REVIEW FOR CURRENT QUARTER COMPARED WITH IMMEDIATE PRECEDING QUARTER

CURRENT YEAR

QUARTER

ENDED

30 June 2025

RM'000

IMMEDIATE

PRECEDING

QUARTER

ENDED

31 March 2025

RM'000

Changes

%

Revenue

230,498

225,522

2%

Operating expenses

(220,408)

(213,724)

3%

Other operating income

3,071

1,503

104%

Profit from operations

13,161

13,301

-1%

Finance costs

(2,324)

(2,311)

1%

Share of profits of joint ventures

153

450

-66%

Profit before tax

10,990

11,440

-4%

Tax expense

(2,245)

(3,600)

-38%

Profit for the period

8,745

7,840

12%

Profit attributable to :

Owners of the parent

Non-controlling interests

8,052

693

6,983

857

15%

-19%

8,745

7,840

12%

Earnings per share (sen)

- Basic

1.44

1.25

15%

The Condensed Consolidated Statement of Profit or Loss should be read in conjunction with the accompanying explanatory notes attached and Annual Financial Report for the financial year ended 30 June 2024.

FM GLOBAL LOGISTICS HOLDINGS BERHAD

(Registration No. 199601008064 (380410-P))

CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

FOR THE FOURTH QUARTER ENDED 30 JUNE 2025

(The figures have not been audited)

FINANCIAL REVIEW FOR CURRENT QUARTER COMPARED WITH IMMEDIATE PRECEDING QUARTER

CURRENT YEAR

QUARTER

ENDED

30 June 2025

RM'000

IMMEDIATE

PRECEDING

QUARTER

ENDED

31 March 2025

RM'000

Changes

%

Other comprehensive income, net of tax

Items that may be reclassified subsequently

to profit or loss

Foreign currency translation differences

(2,265)

for foreign operations

Pension fund

(97)

Profit for the period 8,745 7,840 12%

(1,141) 99%

- 100%

Total comprehensive income for the period 6,383 6,699 -5%

Total comprehensive income attributable to :

Owners of the parent

Non-controlling interests

6,237

146

6,196

503

1%

-71%

6,383 6,699 -5%

The Condensed Consolidated Statement of Comprehensive Income should be read in conjunction with the accompanying explanatory notes

attached and Annual Financial Report for the financial year ended 30 June 2024.

FM GLOBAL LOGISTICS HOLDINGS BERHAD

(Registration No. 199601008064 (380410-P))

CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION

AS AT 30 JUNE 2025

(This figures have not been audited)

As at End of

Financial Year End

30 June 2025

RM'000

As at Preceding

Financial Year End

30 June 2024

RM'000

ASSETS

Non-current assets

Property, plant and equipment

Intangible assets

Right-of-use assets

Investments in associates

Investments in joint ventures

Other investments

Goodwill on consolidation

Contingent consideration

Deferred tax assets

280,337

-

194,766

-

10,240

360

21,683

1,989

1,394

510,769

258,719

9

202,778

1,770

8,585

360

21,683

4,607

1,300

499,811

Current assets

Receivables

Other investments

Current tax assets

Cash and bank balances

250,240

-

3,266

96,748

350,254

861,023

231,749

1,843

1,059

90,361

325,012

824,823

TOTAL ASSETS

EQUITY AND LIABILITIES

Equity attributable to owners of the parent

Share capital

Reserves

Non-controlling interests

Total equity

Non-current liabilities

Long term borrowings

Lease liabilities

Deferred tax liabilities

Post-employment benefits obligation

Current liabilities

Payables

Short term borrowings

Lease liabilities

Current tax liabilities

Total liabilities

TOTAL EQUITY AND LIABILITIES

Net assets per share (RM)

Net assets per share attributable to owners

of the parent (RM)

104,290

322,667

426,957

20,406

447,363

104,290

327,953

432,243

20,169

452,412

103,379

27,248

38,863

3,803

173,293

96,587

32,514

36,494

3,749

169,344

126,342

87,857

23,964

2,204

240,367

413,660

861,023

98,626

71,756

28,821

3,864

203,067

372,411

824,823

0.80 0.81

0.76 0.77

The Condensed Consolidated Statement of Financial Position should be read in conjunction with the accompanying

explanatory notes attached and Annual Financial Report for the financial year ended 30 June 2024.

FM GLOBAL LOGISTICS HOLDINGS BERHAD

(Registration No. 199601008064 (380410-P))

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOW

FOR THE 12 MONTHS ENDED 30 JUNE 2025

(The figures have not been audited)

Current Year

12 Months ended

30 June 2025

RM'000

Preceding Year

12 Months ended

30 June 2024

RM'000

Note

CASH FLOW FROM OPERATING ACTIVITIES

Profit before tax 47,764 46,656

Adjustments for:-

Depreciation on PPE

Depreciation on right-of-use assets

Amortisation of Intangible asset

Other non-cash items

Non-operating items

10,783

24,742

9

8,587

44

10,844

28,193

110

7,130

752

Operating profit before working capital changes 91,929 93,685

Increase in trade and other receivables

Increase/(Decrease) in trade and other payables

(29,574)

30,417

(49,475)

11,935

Cash generated from operations 92,772 56,145

Interest paid

Tax paid (net)

Pension fund paid

(63)

(13,878)

(119)

(12)

(11,113)

(73)

Net cash generated from operating activities 78,712 44,947

Acquisitions of:

- additional interest in non-controlling interests of a subsidiary

(182)

- subsidiaries, net of cash and cash equivalents acquired

-

Disposal of a subsidiary, net of cash and cash equivalents disposed

-

Dividend received

49

Dividend received from associate

-

Interest received

808

Placements of:

- fixed deposits pledged to licensed banks

(113)

- fixed deposits placed with a licensed bank with original maturity

of more than three (3) months

(13)

Proceeds from disposal of:

- property, plant and equipment

577

- right-of-use assets (HP)

-

- a associate

1,468

- join venture

- other investment

2,717

Purchase of:

- property, plant and equipment

A

(19,404)

- right-of-use assets (HP)

B

(1,892)

Withdrawal of fixed deposits pledged to licensed banks

532

(3,698)

(20,510)

29

50

586

902

(190)

(16)

CASH FLOW FROM INVESTING ACTIVITIES

6,201

425

-

82

-

(32,910)

(3,050)

220

Net cash used in investing activities (15,453) (51,879)

CASH FLOW FROM FINANCING ACTIVITIES

Dividends paid to ordinary shareholders of the Company

Dividend paid to non-controlling interests in a subsidiary

Drawdowns of borrowings

Interest paid

Repayments of borrowings

Repayments of lease liabilities

(30,714)

(1,725)

46,174

(9,332)

(34,062)

(28,447)

(22,337)

(1,531)

75,706

(8,021)

(32,260)

(33,038)

Net cash used in financing activities

(58,106)

(21,481)

Net decrease in cash and cash equivalents

5,153

(28,413)

Cash and cash equivalents at beginning of financial period

84,009

112,422

Cash and cash equivalents at end of financial period

89,162

84,009

CASH AND CASH EQUIVALENTS

Cash and bank balances

Fixed deposits with licensed banks

Bank overdrafts

86,698

10,050

(1,772)

78,877

11,484

(133)

94,976 90,228

Less: Fixed deposits placed with a licensed bank with original

maturity of more than three (3) months

Less: Fixed deposits pledged to licensed banks

(579)

(5,235)

(565)

(5,654)

89,162 84,009

Note A

Purchase of property, plant and equipment

Financed by hire purchase and lease

Financed by term loan

Cash payments on purchase of property, plant and equipment

28,942

(385)

(9,153)

19,404

53,763

(710)

(20,143)

32,910

Note B

Purchase of right-of-use assets (HP)

Financed by hire purchase and lease

Financed by term loan

Cash payments on purchase of right-of-use assets (HP)

17,873

(15,981)

-

1,892

24,361

(8,511)

(12,800)

3,050

The Condensed Consolidated Statement of Cash Flow should be read in conjunction with the accompanying explanatory notes attached and Annual Financial Report for the financial year ended 30 June 2024. 6

FM GLOBAL LOGISTICS HOLDINGS BERHAD

(Registration No. 199601008064 (380410-P))

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

FOR THE 12 MONTHS ENDED 30 JUNE 2025

(The figures have not been audited)

Share

Exchange translation

Revaluation

Pension

Retained

Total attributable to

Non controlling

Total

capital

reserve

reserve

reserve

earnings

owners of the parent

interests

equity

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

As at 1 July 2024

104,290

1,996

118,552

(224)

207,629

432,243

20,169

452,412

Profit for the period

-

-

-

-

31,100

31,100

4,052

35,152

Other comprehensive income

-

(5,429)

-

(65)

-

(5,494)

(2,087)

(7,581)

Total comprehensive income for the period

-

(5,429)

-

(65)

31,100

25,606

1,965

27,571

Acquisition from additional interest of non-controlling

interest

-

-

-

-

(178)

(178)

(3)

(181)

Dividends paid

-

-

-

-

(30,714)

(30,714)

-

(30,714)

Dividend paid to non-controlling interest of a subsidiary

-

-

-

-

-

-

(1,725)

(1,725)

Transfer due to crystallisation of revaluation reserve

-

-

(1,664)

-

1,664

-

-

-

As at 30 June 2025

104,290

(3,433)

116,888

(289)

209,501

426,957

20,406

447,363

Share

Exchange translation

Revaluation

Pension

Retained

Total attributable to

Non-controlling

Total

capital

reserve

reserve

reserve

earnings

owners of the parent

interests

equity

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

As at 1 July 2023

104,290

3,608

81,911

(438)

194,648

384,019

20,502

404,521

Profit for the period

-

-

-

-

30,895

30,895

2,816

33,711

Other comprehensive income

-

(1,612)

37,852

214

-

36,454

(695)

35,759

Total comprehensive income for the period

-

(1,612)

37,852

214

30,895

67,349

2,121

69,470

Ordinary shares contributed by non-controlling interest of a

-

-

-

-

112

112

291

403

Acquisition from additional interest of non-controlling

-

-

-

- (2,484)

(2,484)

(1,214)

(3,698)

Dividend paid

-

-

-

- (16,753)

(16,753)

-

(16,753)

Dividend paid to non-controlling interest of a subsidiary

-

- -

-

(1,531)

(1,531)

Transfer due to crystallisation of revaluation reserve

-

-

(1,211)

-

1,211

-

-

-

As at 30 June 2024

104,290

1,996

118,552

(224)

207,629

432,243

20,169

452,412

The Condensed Consolidated Statement of Changes in Equity should be read in conjunction with the accompanying explanatory notes attached and Annual Financial Report for the

financial year ended 30 June 2024. 7

Notes on the quarterly report - 30 June 2025 PART A : EXPLANATORY NOTES AS PER MFRS 134 A1. Basis of preparation

The interim financial statements are unaudited and have been prepared in accordance with the Malaysian Financial Reporting Standards ("MFRS") 134: Interim Financial Reporting and paragraph 9.22 and Part A of Appendix 9B of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"). The interim financial statements should be read in conjunction with the Group's annual audited financial statements for the financial year ended 30 June 2024.

The explanatory notes attached to the interim financial statements provide an explanation of events and transactions that are significant to an understanding of the changes in the financial position and performance of the Group since the financial year ended 30 June 2024.

The accounting policies and method of computation adopted by the Group in the preparation of the consolidated interim financial statements are consistent with those adopted in the most recent annual audited financial statements for the financial year ended 30 June 2024 except for the adoption of MFRSs, amendments and interpretations that are effective for the financial year beginning on or after 1 July 2024 which are applicable to the Group. The initial adoption of these applicable MFRSs, amendments and interpretations do not have any material impact on the financial statements of the Group.

A2. Qualification of Annual Financial Statements

The audit report of the Group's latest audited financial statements for the financial year ended 30 June 2024 was not qualified.

A3. Seasonality or cyclicality factors

The Group's business operation results were not materially affected by any major seasonal or cyclical factors.

Notes on the quarterly report - 30 June 2025 A4. Unusual Items

There were no unusual items affecting the Group's assets, liabilities, equity, net income or cash flows in the financial period under review.

A5. Changes in estimates

There were no changes in estimates of amounts reported in prior financial year that have had material effect in the current quarter.

A6. Changes in debts and equity securities

There were no issuances, cancellations, repurchases, resale or repayments of debt and equity securities during the financial period under review.

A7. Dividend paid

The second interim single tier dividend of 3.0 sen per share amounting to RM16,753,345 in respect of financial year ended 30 June 2024 has been paid on 18 October 2024.

The first interim single tier dividend of 1.5 sen per share amounting to RM8,376,672 in respect of financial year ending 30 June 2025 has been paid on 11 April 2025.

The second interim single tier dividend of 1.0 sen per share amounting to RM5,584,448 in respect of financial year ending 30 June 2025 has been paid on 26 June 2025.

Notes on the quarterly report - 30 June 2025 A8. Segment information

Operating segments for the current financial period ended 30 June 2025:

Logistics

Malaysia

Australia

Indonesia

Thailand

Vietnam

India

USA

Singapore

Others

Elimination

Total

Revenue

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

Total revenue

643,582

94,259

73,546

35,718

21,260

47,517

58,743

17,620

3,812

(43.277)

952,780

Inter-segment revenue

(15,752)

(2,451)

(2,465)

(4,142)

(1,910)

(2,274)

(10,302)

(169)

(3,812)

43,277

-

Revenue from external customers

627,830

91,808

71,081

31,576

19,350

45,243

48,441

17,451

-

-

952,780

Results

Segment results

40,056

6,008

5,676

933

554

798

2,803

188

(860)

(651)

55,505

Finance costs

(8,567)

(39)

(90)

(220)

(17)

(74)

(349)

(604)

-

565

(9,395)

Share of loss of associates

-

-

-

-

-

-

-

-

-

-

-

Share of profit of joint ventures

-

-

-

-

-

-

-

-

1,654

-

1,654

Profit before tax

31,489

5,969

5,586

713

537

724

2,454

(416)

794

(86)

47,764

Tax expense

(12,612)

Profit for the period

35,152

Assets

Segment assets

677,961

25,058

38,383

15,310

6,364

11,658

31,010

20,759

35,845

(16,225)

846,123

Investments in joint ventures

-

-

-

-

-

-

-

-

10,240

-

10,240

Deferred tax assets

-

-

1,374

-

-

20

-

-

-

-

1,394

Current tax assets

1,517

-

917

610

-

-

-

-

222

-

3,266

Total assets

861,023

Notes on the quarterly report - 30 June 2025 Logistics

Malaysia

Australia

Indonesia

Thailand

Vietnam

India

USA

Singapore

Others

Elimination

Total

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

Liabilities

Segment liabilities

322,933

10,995

11,039

9,147

1,202

7,706

25,252

13,705

8,598

(37,984)

372,593

Deferred tax liabilities

38,739

-

-

-

-

3

-

-

121

38,863

Current tax liabilities

587

726

-

-

49

295

517

30

-

-

2,204

Total liabilities

413,660

Other segment information

Capital expenditure - PPE

27,601

60

740

16

182

110

113

101

19

-

28,942

Capital expenditure - ROU assets (HP)

17,873

-

-

-

-

-

-

-

-

-

17,873

Depreciation on PPE

9,154

156

425

61

18

66

34

344

525

-

10,783

Depreciation on right-of-use assets

15,497

555

566

129

180

-

-

7,815

-

-

24,742

Amortization of Intangible assets

-

-

-

-

-

-

-

-

9

-

9

Notes on the quarterly report - 30 June 2025 A8. Segment information

Operating segments for the current financial period ended 30 June 2024:

Logistics

Malaysia

Australia

Indonesia

Thailand

Vietnam

India

USA

Singapore

Others

Elimination

Total

Revenue

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

Total revenue

570,117

79,051

68,715

30,124

14,495

31,659

39,641

16,071

2,961

(35,358)

817,476

Inter-segment revenue

(16,268)

(1,066)

(2,565)

(2,338)

(1,130)

(2,173)

(6,857)

-

(2,961)

35,358

-

Revenue from external customers

553,849

77,985

66,150

27,786

13,365

29,486

32,784

16,071

-

-

817,476

Results

Segment results

43,477

2,535

6,292

355

(170)

991

1,824

1,290

(1,633)

(2,830)

52,131

Finance costs

(7,044)

(83)

(54)

(181)

(10)

(45)

(530)

(807)

(345)

1,066

(8,033)

Share of loss of associates

309

-

-

-

-

-

-

-

-

-

309

Share of profit of joint ventures

-

-

-

-

-

-

-

-

2,249

-

2,249

Profit before tax

36,742

2,452

6,238

174

(180)

946

1,294

483

271

(1,764)

46,656

Tax expense

(12,945)

Profit for the period

33,711

Assets

Segment assets

667,379

25,164

37,718

15,368

6,473

9,524

23,927

27,412

96,260

(97,116)

812,109

Investments in associates

334

-

-

-

-

-

-

-

1,436

-

1,770

Investments in joint ventures

-

-

-

-

-

-

-

-

8,585

-

8,585

Deferred tax assets

-

-

1,271

-

-

29

-

-

-

-

1,300

Current tax assets

8

-

511

471

-

-

-

11

58

-

1,059

Total assets

824,823

Notes on the quarterly report - 30 June 2025

Malaysia

Australia

Indonesia

Logistics

Thailand

Vietnam

India

USA

Singapore

Others

Elimination

Total

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

RM'000

Liabilities

Segment liabilities

341,058

10,865

11,321

9,606

1,027

4,486

19,714

20,702

71,878

(158,604)

332,053

Deferred tax liabilities

36,461

-

-

-

-

2

-

31

-

36,494

Current tax liabilities

2,018

870

-

-

61

497

377

-

41

-

3,864

Total liabilities

372,411

Other segment information

Capital expenditure - PPE

51,115

564

673

33

10

41

10

1,317

-

-

53,763

Capital expenditure - ROU assets (HP)

23,758

-

-

603

-

-

-

-

-

-

24,361

Depreciation on PPE

8,834

145

336

67

22

75

84

392

528

361

10,844

Depreciation on right-of-use assets

16,931

687

606

168

186

-

-

9,615

-

-

28,193

Amortization of Intangible assets

-

-

-

-

-

-

-

-

110

-

110

Notes on the quarterly report - 30 June 2025 A8. Segmental Information (Cont'd)

The Group comprises the following major business segments:

  1. Logistics - provision of integrated freight and logistics services such as sea freight, air freight, land freight, warehouse and distribution and supporting services, which are operated by companies in Malaysia, Australia, Indonesia, Thailand, Vietnam, India, USA and Singapore.

  2. Others - investment holdings and provision of management services, provision of IT application solutions and support services.

There have been no differences in the basis of segmentation or in the basis of measurement of segment profit and loss as compared to the last annual financial statements.

A9. Valuation of property, plant and equipment

The Group's property, plant and equipment other than land and buildings are stated at cost less accumulated depreciation and any accumulated impairment losses. Land and buildings are stated at valuation, which are the fair values at the date of revaluation.

A10. Material events subsequent to the end of the interim period

There were no material events subsequent to the end of the current quarter.

A11. Changes in the composition of the Group

There were no changes in the composition of the Group during the current financial period.

Notes on the quarterly report - 30 June 2025 A12. Contingent liabilities

The Directors of FMHB are not aware of any material changes in the contingent liabilities since the last financial year save as disclosed below:-

RM'000

Guarantees given to third parties in respect of trade performance of

subsidiaries 8,009

Guarantees given to financial institutions in respect of credit facilities

granted

193,616

201,625

A13.

Capital commitments

Contracted but not provided for :

As at

30.06.25

RM'000

Land

60,462

Buildings

9,735

Trucks

5,304

Prime movers

1,525

Forklift

1,545

Office equipment

372

78,943

Notes on the quarterly report - 30 June 2025 PART B: ADDITIONAL INFORMATION REQUIRED BY THE MAIN MARKET LISTING REQUIREMENTS OF BURSA SECURITIES

B1.

Review of performance

Service Type

4QFY25

4QFY24

Changes RM mil

% change

International freight

167.4

158.4

9.0

6%

Domestic Logistics

63.1

63.1

0.0

0%

TOTAL

230.5

221.5

9.0

4%

The Group's revenue for the current quarter of RM230.5 million was RM9.0 million or 4% higher than 4QFY24 mainly due to overall improved business activities in this quarter.

The Group's Profit Before Tax ("PBT") increased from RM10.4 million to RM11.0 million or 5% higher as compared to 4QFY24 due to increase of business activities in this quarter.

B2. Variation of results against preceding quarter

Changes

Service Type

4QFY25

3QFY25

RM mil

% change

International freight

167.4

168.4

-1.0

-1%

Domestic Logistics

63.1

57.1

6.0

11%

TOTAL

230.5

225.5

5.0

2%

The Group's revenue for the current quarter of RM230.5 million was RM5.0 million or 2% higher than 3QFY25 mainly due to increase of business activities in this quarter.

The Group's PBT for 4QFY25 decreased to RM11.0 million or 4% lower than 3QFY25 mainly due to higher operating expenses in the current quarter.

Notes on the quarterly report - 30 June 2025 B3. Prospects for Next Financial Year

For the financial year ending 30 June 2026, the Group remains cautiously optimistic about its prospects, notwithstanding the prevailing uncertainties in the global geo political and trade environment. Moving forward, the Group will continue to strengthen its position by expanding its customer base, while maintaining a strong emphasis on cost efficiency and disciplined financial management.

B4. Variance of actual and forecast profit

The Group did not issue any profit forecast and therefore no variance information is available for the quarter under review.

B5. Tax expense Individual Quarter Cumulative Quarter Preceding Preceding

Current Year Quarter

Year Corresponding Quarter

Current Year To Date

Year Corresponding Quarter

30.06.2025

30.06.2024

30.06.2025

30.06.2024

RM'000

RM'000

RM'000

RM'000

In respect of current

period:

Income tax

(183)

3,010

9,622

12,767

Deferred tax

1,863

232

2,147

(20)

1,680

3,242

11,769

12,747

In respect of prior years :

Income tax

563

179

876

264

Deferred tax

2

-

(33)

(66)

565

179

843

198

Total

2,245

3,421

12,612

12,945

Notes on the quarterly report - 30 June 2025 B6. Status of corporate proposal announced

There was no corporate proposal announced as at the date of the announcement.

B7. Group borrowings

The Group's borrowings as at the end of the reporting quarter are as follows:

Payable within 12 months (secured)

Term loans

As at 30.06.2025 RM'000 As at 30.06.2024 RM'000

- Ringgit Malaysia

86,085

71,543

- India Dollar (- / INR1.4m)^

-

80

Lease liabilities (Hire-purchase)

- Ringgit Malaysia

12,648

11,342

- Australian Dollar (AUD15k / AUD14k)^

41

44

- Indonesia Rupiah (IDR 1,043m / IDR 551m)^

270

158

- Thai Baht (THB773k / THB729k)^

100

93

Overdraft

- Ringgit Malaysia

714

20

- Indian Rupee (INR21.5m / INR2m)^

1,058

113

100,916

83,393

Payable after 12 months (secured)

Term loans

- Ringgit Malaysia 103,379 96,587 Lease liabilities (Hire-purchase)

- Ringgit Malaysia

22,309

20,424

- Australian Dollar (AUD68k / AUD83k)^

187

260

- Indonesia Rupiah (IDR 952m / IDR 850m)^

247

245

- Thai Baht (THB1.8m / THB2.6m)^

235

332

126,357

117,848

Total borrowings

227,273

173,637

^ Exchange rate

- Australian Dollar

2.7541

3.135

- Indonesian Rupiah

0.000259

0.000288

- Thai Baht

12.97

12.83

- Indian Rupee

0.0492

0.0566

Notes on the quarterly report - 30 June 2025 B8. Material Litigation

Neither FMHB nor any of its subsidiaries in the Group is engaged in any material litigation or arbitration, either as plaintiff or defendant, which has a material effect on the financial position of the Company or any of its subsidiaries in the Group and the Board of Directors of FMHB is not aware of any proceedings pending or threatened, or of any fact likely to give rise to any proceedings, which might materially and adversely affect the position or business of the Company or any of its subsidiaries in the Group.

B9. Dividend

The Board of Directors has declared a third interim single tier dividend of 2.0 sen per ordinary share, in respect of the financial year ended 30 June 2025. The dividend will be paid on 26 September 2025 to holders of ordinary shares whose names appear in the Record of Depositors at the close of business on 11 September 2025.

B10. Earnings per share Individual Quarter Cumulative Quarter Preceding Preceding

Current Year Quarter

Year Corresponding Quarter

Current Year To Date

Year Corresponding Quarter

30.06.2025

30.06.2024

30.06.2025

30.06.2024

Profit attributable to equity holders of the parent (RM'000)

8,052

6,655

31,100

30,895

Weighted average number of ordinary shares in issue ('000)

558,445

558,445

558,445

558,445

Basic Earnings Per Ordinary Share (sen)

1.44

1.19

5.57

5.53

Notes on the quarterly report - 30 June 2025 B11. Additional Disclosures on Profit for the period

Current Year Quarter

Preceding Year Quarter

Current Year To Date

Preceding Year

To Date

30.06.25

30.06.24

30.06.25

30.06.24

RM'000

RM'000

RM'000

RM'000

Profit for the period is arrived

at after charging/(crediting) :

Interest income

(246)

(207)

(865)

(1,058)

Fair value gain on other

investment

-

(46)

-

(46)

Gain on disposal of property,

plant and equipment

(290)

(3,197)

(696)

(4,061)

(Gain)/loss on foreign exchange

1,214

283

2,368

710

Depreciation of PPE

3,356

3,178

10,783

10,839

Depreciation of Right-of-use

Assets

5,026

13,711

24,742

28,199

Amortization of Intangible asset

-

27

9

110

Loss on Impairment/

write off of receivable

202

3,349

1,135

5,733

Interest expense

2,324

2,915

9,395

8,033

Other than the above, there were no gain or loss on disposal of quoted or unquoted investments, gain or loss on derivatives and exceptional items for the financial period ended 30 June 2025.

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