Ancom Nylex reports better 2Q net profit


The company posted second-quarter net profit of RM18.03mil.

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, Ancom Nylex’s net profit rose to RM38.1mil 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 contributions from the industrial chemicals division.

“This was due to lower average selling prices, as falling crude oil prices also reduced chemical prices.”

Going forward, the company said it would remain vigilant in light of the difficult operating environment.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Japan's wholesale inflation spikes in July, bolsters rate-hike chance
SimeProp strengthens Johor presence
RCE Capital earnings to pick up after weaker 1Q27
Pioneer Heat eyes RM21.68mil IPO
MSC quarterly bottom line surges on higher tin prices�
Sersol waiting for green light to diversify business
NXP doubles down on regional footprint with factory expansion
RE players need more flexible risk assessment
Energy transition sparks new investment themes
EITA secures LRT project worth RM62mil

Others Also Read