Pantech saw a 9.8% decline in second-quarter revenue to RM227.36mil from RM252.14mil a year earlier.
PETALING JAYA: Pantech Group Holdings Bhd
remains cautiously optimistic about its outlook for the financial year ending Feb 28, 2026 (FY26), supported by steady demand from the oil and gas (O&G), petrochemical and industrial sectors, even as it navigates softer sales and cost pressures.
The manufacturer and supplier of industrial pipes, valves and fittings said global O&G Capital spending is expected to stay resilient, driven by sustained energy demand, reinvestment in production assets, infrastructure upgrades and decarbonisation initiatives.
