PETALING JAYA: The operating environment for Perusahaan Sadur Timah Malaysia
(Perstima) Bhd is expected to remain challenging in the next financial year amid volatility in the global tinplate industry, foreign exchange fluctuations and geopolitical uncertainties affecting supply chains and operating costs.
In its latest financial report filing, the group said ongoing tariff measures imposed by various countries, including the United States, have contributed to volatility in the tinplate sector, while tensions in the Middle East have added further uncertainty to global trade and logistics.
Perstima said rising energy prices have increased freight and production-related costs, while disruptions to international shipping routes could affect the timely movement of raw materials.
Despite the challenging backdrop, the group said its operations across Malaysia, Vietnam and the Philippines could help mitigate some of the volatility.
For the fourth quarter ended Mar 31, 2026 (4QFY26), Perstima's revenue fell 42.5% year-on-year to RM191.3mil from lower sales volume and weaker selling prices.
It posted a pretax loss of RM27.4mil compared with a pretax profit of RM7.9mil a year earlier, mainly due to lower profit margins and reduced sales volume.
Net losses had widened to RM27.1mil from RM11.97mil in the same quarter a year ago.
