Ancom Nylex records stronger earnings and revenue


The group declared a dividend of one sen per share for the quarter.

PETALING JAYA: Ancom Nylex Bhd has posted a higher net profit of RM25.03mil for the fourth quarter ended May 31, 2026, on the back of a RM608.88mil revenue.

In a filing with Bursa Malaysia, the agricultural machinery manufacturer said that the increase in both were mainly due to higher income from the newly acquired medical equipment subsidiary, H2H Medicare Group Sdn Bhd, and stronger contribution from its industrial chemical division which did better on higher crude oil prices.

The group declared a dividend of one sen per share for the quarter.

For its full financial year, Ancom Nylex posted a profit of RM81.44mil on the back of a revenue of RM1.93bil.

Separately, the group said the impact of global dynamics has been mixed for Malaysia. This is in relation to higher energy revenues which have been noticed. However, rising import costs, supply chain disruptions and weaker demand for exports have offset the advantages.

“We will remain vigilant in managing the group under these challenges while positioning the group to withstand volatility and pursue opportunities responsibly,” it said.

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

Next In Business News

Theta Edge appoints Amrul Hisyam Alias as group MD, CEO
Stocks nudge at record highs; cooler US inflation eclipses oil rally
Resintech subsidiary secures RM41mil financing from Alliance Islamic Bank
Kerjaya Prospek raises stake in ES Sunlogy to 28.27%
Ringgit firmer against US$ on stronger-than-expected GDP growth
Pos Malaysia narrows losses in 2Q as turnaround efforts continue
Economists upbeat on Malaysia's 2026 outlook after 6% 2Q GDP growth
Penang records RM350bil in E&E exports in 1H26, needs more skilled talent
Ocean Vantage units appointed PETRONAS panel contractors
Bursa Malaysia ends lower, selected sectors gains after 6% 2Q GDP growth

Others Also Read