Press Metal group chief executive officer Tan Sri Paul Koon Poh Keong.
Petaling Jaya: Press Metal
Aluminium Holdings Bhd says it remains cautious over its near-term outlook amid global macro and geopolitical headwinds, but sees sustained long-term demand for aluminium driven by green industries.
Group chief executive officer Tan Sri Paul Koon said global macro uncertainty, shifting trade policies, and ongoing geopolitical tensions continue to weigh on market sentiment, keeping the near-term outlook cautious.
“Nonetheless, structural demand from green sectors such as electric vehicles, solar infrastructure and grid investments together with consumer electronics, continues to underpin long-term demand for aluminium consumption.
“At the same time, market tightness arising from capacity constraints and regional supply imbalances is lending support to aluminium prices, with premiums rising in certain markets due to tariff measures and changes in regional metal flow,” Koon said in a statement.
He noted the group continued to effectively maintain its market share across key export destinations, ensuring stable take up of its products.
For the third quarter of this year (3Q25), Press Metal’s net profit surged 40% to RM563.3mil, or 6.84 sen per share, from RM402.3mil, or 4.88 sen per share, a year earlier.
Quarterly revenue rose 7.9% to RM4.1bil from RM3.8bil, largely attributable to increased sales and higher realised prices during the quarter.
Press Metal said input costs, in particular alumina, also eased considerably during the quarter compared with the same period last year.
However, this was partially offset by lower contributions from associates.
For the nine months to Sept 30, net profit increased 14.6% to RM1.51bil compared with RM1.3bil previously, while revenue grew 7.2% to RM12.2bil from RM11.3bil.
Along with this set of results, Press Metal declared a third interim dividend of 2.0 sen per share, payable on Dec 24.
