Pantech Group Quarter One Profit Up 60% To RM22 Million

For the current quarter and 3 months ended 31 May 2026, Pantech Group registered higher revenue of RM234.69 million (Q1FY26: RM220.74 million) and profit before tax of RM28.43 million (Q1FY26: RM24.72 million) while profit after tax was RM22 million compared to RM14 million in the same period last year

The higher revenue and were largely driven by manufacturing division’s robust performance.

The trading division recorded a lower external revenue of RM75.05 million (Q1FY26: RM88.09 million) and lower segment profit before tax of RM3.28 million (Q1FY26: RM10.27 million), a decrease of approximately RM13.04 million (14.80%) and RM6.99 million (68.06%) respectively.

The lower revenue and profit before tax for the current quarter and 3 months ended 31 May 2026 is mainly due to lower sales delivery for local oil and gas and other industries and changes in product mix. Notwithstanding the above, the trading division has seen increasing demands since the end of previous quarter and believe the markets are gaining momentum for the products of trading divisions

Manufacturing division recorded higher external revenue of RM159.64 million (Q1FY26: RM132.65 million) and higher segment profit before tax of RM23.82 million (Q1FY26: RM14.98 million), an increase of approximately RM26.99 million (20.35%) and RM8.84 million (59.01%) respectively.

The higher sales recorded were mainly due to higher sales volume coupled with improved average selling price in the export market. Supported by a favourable product mix and foreign exchange movements, this subsequently contributed to a higher profit before tax.

Meanwhile, the investment and management division recorded a higher profit before tax for both the current quarter and the 3 months ended 31 May 2026 was due to the gain on disposal of an investment property (non-current asset held for sale) by a subsidiary, which was completed on 8 May 2026.

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