The Group is organised into business units based on its nature of business and has three reportable segments, as follows:-

  1. Trading
    Operations and management of retail stores in Malaysia, Singapore and Indonesia including the wholesales, export and e-commerce business.
  2. Services
    Operations and management of golf academy and indoor golf and events.
  3. Others
    Investment holding
Financial Year Ended 31 December 2025 2024 2023 2022 2021
  3 months
(Unaudited)
12 months
(Audited)
12 months
(Audited)
12 months
(Audited)
12 months
(Audited)
Presented in RM'000          
Trading 66,927 307,398 305,647 288,682 201,125
  96.79% 93.78% 93.92% 95.95% 97.39%
Services 2,220 20,377 19,784 12,193 5,394
  3.21% 6.22% 6.08% 4.05% 2.61%
Others - - - - -
  0.00% 0.00% 0.00% 0.00% 0.00%
Total Revenue 69,147 327,775 325,431 300,875 206,519

^ Please read this section in conjunction with MST Golf Group Berhad's 2024 Annual Report.