Pantech Global 2Q net profit nearly doubles to RM19.33mil


PETALING JAYA: Pantech Global Bhd’s net profit for its second quarter ended Aug 31, 2026 rose to RM19.33mil from RM10.20mil in the previous corresponding quarter, while revenue improved to RM173.71mil from RM126.90mil a year earlier.

In a filing with Bursa Malaysia, the butt weld pipe fittings and welded pipes manufacturer said the increase in revenue was mainly attributable to higher sales volume and improved average selling prices.

“The improvement in profitability was supported by the group’s ability to factor the impact of tariffs, higher raw material costs and rising energy costs into selling prices, complemented by a more favourable product mix and improved operating leverage.”

For the six-month period ended Aug 31, 2026, Pantech’s net profit rose to RM35.69mil from RM22.23mil in the previous corresponding period, while revenue grew to RM333.39mil from RM252.53mil previously.

Pantech also declared a first interim single tier dividend of 2.2 sen per ordinary share, to be paid on Dec 16, 2026.

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

Next In Business News

Ringgit up against US dollar at close, mostly higher against major currencies
ES Sunlogy shareholders approve related-party transactions mandate
Tien Wah Press completes RM34mil land acquisition in Indonesia
MRT Corp, TNB tie up to advance sustainable rail infrastructure
AME REIT’s 2Q net property income rises 11.5% to RM16mil
Encorp unit secures RM16.96mil Felda staff housing contract
Late buying lifts FBM KLCI back above 1,600 level
Digital economy must ensure fair competition, protect MSMEs
Taiwan regulator blocks Grab's purchase of Foodpanda delivery business in Taiwan
SkyeChip collaborates with Japan's SAIMEMORY on next-generation AI memory technology

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read