Hextar Global Bhd’s profit after tax (PAT) fell 19% to RM28.1 million for the first half of 2026 (1H26), from RM34.7 million a year earlier, dragged mainly by weaker contributions from its Specialty Chemicals segment.
Revenue for the six-month period declined 5% to RM395.3 million compared to RM416.1 million previously, after Specialty Chemicals revenue fell RM77.2 million.
The decline was partly cushioned by stronger performances from the Agriculture and Fruits businesses, where revenue increased by RM30.9 million and RM25.5 million respectively. Agriculture also delivered a RM6.9 million improvement in profit contribution.
For the financial performance in the latest quarter, revenue rose 12.1% to RM199.1 million from RM177.5 million, driven largely by a RM22.6 million increase in Agriculture sales to RM109.7 million.
Quarterly PAT, however, slipped 11.9% to RM14.1 million from RM16 million, primarily due to a RM4 million decline in contribution from the Fruits segment. Improved contributions of RM2.6 million from Agriculture and RM2.9 million from Specialty Chemicals helped cushion the drop.
Looking ahead, Hextar Global expects its Agriculture business to deliver satisfactory performance in 2026 despite raw material, currency and climate-related risks, while Specialty Chemicals is projected to remain stable amid uncertain global trade and energy conditions.
The group also expects its Fruits business to contribute positively, supported by continued demand for Malaysian durians and export opportunities, particularly in China, although weather, crop yields and logistics costs remain key risks.
