PGF to gain from project in Tanjung Malim


TA Research expects the strong momentum seen in 1Q26 to persist into the second quarter.

PETALING JAYA: PGF Capital Bhd (PGF) is poised for continued earnings resilience in the coming quarters, buoyed by robust demand for insulation products and fresh catalysts from car maker BYD’s planned investment in Tanjong Malim, Perak.

The company’s second quarter (2Q26) results, due at the end of this month, are projected to come in between RM6mil and RM9mil, lifting its profit for the first half of its financial year ending Feb 28, 2026, to between RM15mil and RM18mil, or 42% to 51% of the full-year earnings forecast.

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