*Based on the weight of evidence and assuming a complete switch from cigarette smoking. These products are not risk free and are addictive.
In 2022, BAT Malaysia delivered a commendable performance given the challenging operating environment. Although revenue was flat, our gross profit improved marginally and we significantly improved our net operating cash flow for the year.
In line with our commitment to delivering value to our stakeholders, the Board of Directors maintained a dividend payout ratio of above 90% this year.
Message from Our Chairman and Our Managing DirectorPlease click the download button you wish to download.