KUALA LUMPUR: Pantech Group Holdings Bhd
is optimistic of its performance for the current financial year, supported by resilient export markets and sustained economic activity, despite ongoing macroeconomic uncertainties.
"Barring unforeseen circumstances, the group is optimistic of its overall performance for the current financial year, in view of resilient export markets and sustained economic activities," the pipe-and-valve maker said.
The group said sustained momentum across Malaysia's industrial sectors and resilient export markets continue to create medium- to long-term opportunities for its diversified product offerings in sectors such as petrochemicals, palm oil and refinery, power generation, shipbuilding, water treatment, semiconductors and data centres.
It added that it remains vigilant amid ongoing macroeconomic challenges, including evolving trade policies, heightened geopolitical tensions, supply chain disruptions and rising cost pressures.
"While the short-term challenges remain, looking ahead, the Group is positive and will continue to focus on strengthening core business segments, enhancing product and service quality, and exploring strategic growth both locally and abroad, solidifying its position as a leading provider of pipes, valves, and fittings solutions for the oil and gas, petrochemical, and industrial sectors."
For the first quarter ended May 31, 2026, Pantech's net profit rose 57.8% to RM17.2mil, or earnings per share of 2.07 sen, from RM10.9mil, or 1.32 sen, a year earlier.
Revenue increased 6.3% to RM234.7mil from RM220.7mil.
