PETALING JAYA: Southeast Asia’s leading fully integrated chemical group, Ancom Nylex Bhd, posted a revenue of RM876.2 million for the six months ended November 30, 2025 (1H FY26), versus RM966.3 million in the same period a year ago.
This decline was due to a softer contribution from the Industrial Chemicals division, lower average selling prices, and reduced chemical prices resulting from falling crude oil prices.
Meanwhile, 1H FY26 net profit improved 34.3% year-on-year (YoY) to RM38.1 million as compared to RM28.4 million in the period last year.
The double-digit increase stemmed from healthier margins for the Agrichem and Industrial Chemicals segments, coupled with higher tax efficiency.
Managing Director and Group CEO Datuk Lee Cheun Wei said that, overall, the company is delighted to maintain the positive momentum.
“The demand outlook remains positive in line with the seasonal application period.
More excitingly, our Agrichem segment made a major breakthrough, as we have obtained the final product registration approval for our core active ingredient (AI) product in Brazil for soybean application.
“This development is significant as it expands Ancom Nylex’s addressable
market to include the soybean crop segment, which has an estimated planted
area approximately five times larger than that of sugarcane, a segment currently
served by us.
“We are now waiting for the approval to be published publicly. Thereafter, the group is well-positioned for the 2026 soybean planting season and has the capacity to serve this exciting market.
“Looking ahead, we are upbeat on the Group’s prospects underpinned by the
abovementioned factors. We will continue to exercise vigilance in light of the
global market uncertainties, trade developments, and the potential implications arising from ongoing geopolitical tensions.
“On the domestic front, the government’s wage-related initiatives and subsidy rationalisation efforts may contribute to short-term inflationary pressures.
“Nevertheless, the group remains cautiously optimistic now that our export market has another major crop addition,” Lee said.
The group’s Q2 FY26 revenue stood at RM428.8 million vis-à-vis RM450.7
million last year, predominantly owing to the aforementioned lower contribution
from the Industrial Chemical segment.
Nevertheless, better margins and greater operational efficiency in the distribution business boosted net profit, along with
lower tax expenses.
Net profit for the current quarter under review rose 18.9% YoY to RM18.0 million from RM15.2 million in Q2 FY25.
