KUALA LUMPUR: Press Metal
Aluminium Holdings Bhd, which posted a 31.7% jump in net profit for the fourth quarter ended Dec 31, 2025 (FY25), expects to deliver a satisfactory performance in FY2026, underpinned by strengthening aluminium prices and easing alumina input costs.
Group chief executive officer Tan Sri Paul Koon said evolving trade policies are reshaping regional business dynamics, influencing metal flows, regional premiums and overall market activity.
“Despite this, global aluminium demand remains broadly stable, supported by low inventory levels and clean energy-related applications.
“Aluminium prices stayed resilient, underpinned by a favourable copper-to-aluminium ratio and supply constraints,” he said in a statement.
Koon said that while policy shifts have tempered near-term growth in solar installations and electric vehicle adoption, strong demand from power grid expansion, battery storage systems and AI-driven data centres is expected to offset softer demand in other segments.
“Aluminium’s versatility and high usage intensity continue to drive its increasing adoption across a wide range of industries.”
The largest aluminium smelter in Southeast Asia, Press Metal Aluminium Holdings Bhd, recorded a fourth-quarter net profit of RM592.1mil, or earnings per share of 7.19 sen, compared with RM449.5mil, or 5.46 sen, a year earlier.
Quarterly revenue rose to RM4.04bil from RM3.56bil previously.
For the full financial year ended Dec 31, the group posted a net profit of RM2.1bil, up 19% from RM1.76bil, while revenue increased 8.65% to RM16.2bil from RM14.9bil a year ago.
Press Metal declared a fourth interim dividend of 2.0 sen per share, payable on March 30, 2026.
