Earnings upswing seen continuing for Ancom Nylex


Kenanga Research said Ancom’s earnings are set to grow again over FY26 to FY27.

PETALING JAYA: Ancom Nylex Bhd’s earnings momentum is expected to continue for financial year 2026 (FY26) and FY27 after posting a 52% year-on-year (y-o-y) surge in net profit in the first quarter ended Aug 31 (1Q26).

For 1Q26, the group reported a 52% y-o-y surge in net profit to RM20.1mil, even as revenue fell 13.2% to RM447.4mil.

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