PETALING JAYA: Astino Bhd
’s net profit rose to RM12.78mil in the fourth quarter of financial year 2026 (4QFY26), from RM10.85mil a year earlier, driven by a higher-margin export sales mix.
Revenue, however, fell 9.6% to RM152.7mil in 4QFY26 from RM168.8mil in 4QFY25, amid a 13.4% decline in local sales.
This was partly offset by a 106.7% (RM5.8mil) increase in overseas sales, driven by stronger high-margin export sales, the company stated in an exchange filing.
For the cumulative FY26 period, net profit rose to RM49.66mil from RM34.42mil in FY25, supported by stronger export volumes and improved operating margins.
Gross profit margin widened to 10.3% in FY26 from 7.3% a year earlier, reflecting an improved sales mix and operating leverage.
Revenue was at RM633.4mil for FY26, down 0.6% from RM636.9mil in FY25.
Looking ahead, Astino noted it remains exposed to the domestic building materials market, where softer steel demand and selling prices could weigh on margins.
However, infrastructure projects under the 13th Malaysia Plan and ongoing data centre construction are expected to support local sales volumes.
Astino added key cost risks include steel and commodity price volatility, ringgit movements and higher labour costs.
The group plans to mitigate these through production efficiencies, forward purchases, prudent inventory management and productivity improvements, while expanding higher-margin export sales.
