PETALING JAYA: Ancom Nylex Bhd
’s net profit for its second quarter ended Nov 30, 2025, rose to RM18.03mil from RM15.16mil in the previous corresponding period, while revenue dipped to RM428.82mil from RM450.71mil previously.
For the six-month period ended Nov 30, 2025, Ancom Nylex’s net profit rose to RM38.10mil from RM28.37mil in the previous corresponding period, while revenue dropped to RM876.18mil from RM966.25mil a year earlier.
In a statement, the integrated chemical group said the lower revenue was chiefly attributed to softer contribution from the industrial chemicals division.
“This was due to lower average selling prices, as falling crude oil prices also reduced chemical prices.
“Meanwhile, net profit in the first half attributable to the owners of the parent company improved 34.3% year-on-year. The double-digit increase stemmed from healthier margins for agrichem and industrial chemicals segments coupled with higher tax efficiency.”
Going forward, the company said it shall remain vigilant in light of the difficult operating environment.
“The board remains committed to exercising prudence in managing the business under these conditions.”
Managing director and group chief executive officer Datuk Lee Cheun Wei said the group was pleased to sustain its positive momentum, with demand expected to remain favourable in line with the seasonal application period.
He added that the agrichem segment achieved a major milestone after securing final product registration approval for its core active ingredient in Brazil for soybean application.
“This development is significant as it expands Ancom Nylex’s addressable market to include the soybean crop segment, which has an estimated planted area approximately five times larger than that of sugarcane, a segment currently served by us.
“We are now currently waiting for the approval to be published publicly. Thereafter, the Group is well positioned for the 2026 soybean planting season with ready capacity to cater to this exciting market.”
