Ancom Nylex Berhad announced its fourth quarter and twelve months financial results for the period ended 31 May 2026 with revenue coming in at RM1.93 billion versus RM1.87 billion last year. Growth was chiefly driven by the Industrial Chemicals segment, which commanded higher average selling prices in tandem with the rise in crude oil prices.
Revenue from the Industrial Chemicals segment improved 5.8% year-on-year to RM1.22 billion in FY26 from RM1.15 billion a year ago. Earnings before interest and tax for this segment jumped to RM55.1 million, compared to RM27.8 million in FY25, supported by stronger profit margins and greater operational efficiency in the distribution business. Meanwhile, the Agrichem segment’s revenue and EBIT for the financial year under review came in at RM510.7 million and RM93.5 million respectively.
The division’s underlying demand growth was, however, masked by the weaker United States Dollar (“USD”), which reduced the Ringgit value of its USD-denominated revenue.
Ancom Nylex also reported its highest-ever profit before tax in FY26 at RM118.6 million, a rise of 19.6% YoY from RM99.1 million in the prior year. In tandem, the Group’s net profit attributable to the owners of the parent company rose 28.3% YoY to RM81.4 million in FY26 versus RM63.5 million last year. More notably, this broadly matched the record of RM81.5 million posted in FY24 amid the demanding conditions.
