PGF Capital hopeful despite smaller 2Q profits


PETALING JAYA: PGF Capital Bhd expects its insulation business to remain its key earnings driver for the financial year ending February 2026, supported by regulatory-led demand growth.

The group said momentum in Australia is underpinned by updated building codes, the Australian federal government’s plan to deliver 1.2 million new homes by 2029, and the Victorian government’s recent initiative to halve ceiling insulation installation costs.

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