KUALA LUMPUR: Hextar Global Bhd
's net profit in the second quarter ended June 30, 2026, dipped slightly to RM15.12mil form RM15.93mil in the year-ago quarter on the back of lower contribution from the fruit segment, cushioned by by improved contribution from the agriculture and speciality chemicals segments.
The group's quarterly revenue was 12.1% higher year-on-year to RM199.1mil due to higher sales contribution from the agriculture segment, which offset a decline in revenue in the speciality chemicals segment.
Year-to-date, the group's net profit was RM29.4mil, a fraction lower than RM29.44mil in the year-ago period. Revenue was RM395.25mil against RM416.07mil in the comparative period.
"The group delivered a resilient performance in the second quarter, supported by the continued strength of our agriculture business and improved quarterly contributions from speciality chemicals.
"While certain segments continue to face market and seasonal challenges, the diversification of our business portfolio has enabled us to maintain a stable level of profitability,” said managing director Lee Chooi Keng in a statement.
On its outlook, the group said it rmains cautiously optimistic on its prospects, supported by resilient demand across its core business segments and ongoing initiatives to enhance operational efficiency.
The agriculture segment is expected to remain supported by sustained demand for agricultural inputs, while the group continues to focus on product innovation, operational efficiency and sustainable solutions.
The speciality chemicals segment is expected to maintain stable performance, supported by demand from the industrial and manufacturing sectors, although global economic uncertainties may continue to affect short-term order flows.
Meanwhile, the fruits segment is expected to continue benefiting from continued demand for Malaysian durians in both domestic and export markets, particularly for premium varieties such as Musang King.
“Moving forward, we remain focused on operational efficiency, disciplined cost management and prudent working capital management across the Group. At the same time, we will continue to strengthen our core businesses and pursue opportunities that complement our existing capabilities, with the aim of delivering sustainable long-term value to our shareholders," said Lee.
