Pantech to remain vigilant as profit drops


The company's revenue fell to RM193mil against the RM230mil posted a year ago.

KUALA LUMPUR: Pantech Group Holdings Bhd will remain vigilant of ongoing macroeconomic challenges, including currency volatility, geopolitical tensions, trade policy risks and supply chain disruptions.

In the fourth quarter ended Feb 28, Pantech’s net profit halved to RM14.2mil, or an earnings per share of 1.71 sen compared with RM29mil or 3.50 sen in the year-ago quarter.

Revenue fell to RM193mil against the RM230mil posted a year ago.

For the full financial year ended Feb 28 (FY25), it posted a net profit of RM82.5mil, down 21.8% from RM105.5mil, while revenue climbed to RM947.5mil from RM946.6mil last year.

The group has declared a fourth interim single-tier dividend of 1.50 sen per ordinary share, along with a special single-tier dividend of 0.50 sen per ordinary share for FY25.

Pantech said its financial performance remained unaffected by the US’s reciprocal tariffs.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Solution Group redesignates Lim Yong Hew to executive chairman
Plenitude appoints Ng Yoon Thai as CEO
Green Packet inks MoU with Presma to transform Muslim F&B sector
Tafi drops planned trading diversification
FBM KLCI ends higher on hopes of US-Iran deal, tracks regional gains
Malaysia's palm oil-based biodiesel push to add 300,000 tons in demand, says MPOB
Iran war exposes cost of Asia's fossil fuel reliance
S P Setia to launch final Ferrous phase in Alam Impian with RM75.4mil GDV
Bank Rakyat declares 18% dividend, totalling RM534.7mil for FY25
Asian stocks climb to pre Iran war levels on de escalation hopes

Others Also Read