KUALA LUMPUR: Press Metal
Aluminium Holdings Bhd’s net profit has climbed to RM801 million in the second quarter ended June 30, 2026 (2Q 2026) from RM483.58 million in the same period last year.
Revenue also surged 11.9 per cent to RM4.69 billion from RM4.19 billion previously, attributable to the higher realised metal price during the current year quarter under review.
In a filing with Bursa Malaysia, the company said its group’s profit before tax has increased by RM510.81 million or 78.9 per cent to RM1.16 billion in 2Q 2026 from RM647.47 million in 2Q 2025, mainly driven by the stronger realised metal price and lower alumina cost consumed despite lower profit contributions from its associated companies.
Meanwhile, the group reported that in the first half of 2026 (1H 2026), its net profit strengthened to RM1.43 billion from RM945.35 million in 1H 2025, while revenue increased to RM8.79 billion from RM8.09 billion previously.
In a statement, group chief executive officer Tan Sri Paul Koon expressed confidence in the group’s prospects, underpinned by its competitive cost structure, portfolio of low-carbon aluminium products and integrated operations.
"Despite macroeconomic uncertainties, geopolitical risks and inflationary pressures weighing on global demand sentiment, the prevailing supply deficit continues to provide support to aluminium prices,” he said. - Bernama
