PETALING JAYA: CYL Corp Bhd trimmed its net loss in the fourth quarter ended Jan 31, 2026 (4Q26) to RM361,000 from RM1.1mil a year ago.
CYL said the improvement was due to a fair value revaluation deficit recorded in prior year.
Revenue was marginally lower at RM11.11mil in 4Q26, versus RM11.69mil a year ago.
In the full fiscal year, CYL returned to the black with a net profit of RM2.85mil from a net loss of RM406,000 in FY25 while revenue declined to RM47.84mil from RM48.05mil. The improvement in the bottom line was primarily due to decrease in input costs such as resin costs.
It cautioned that the ongoing Iran war and Strait of Hormuz closure are severely disrupting petrochemical feedstock, driving plastic resin prices up significantly causing margin erosion.
