Wednesday 23 Sep 2026
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KUALA LUMPUR (July 28): Pantech Global Bhd (KL:PGLOBAL) posted record revenue in the recently-ended quarter, while remaining optimistic of sustaining its momentum.

Revenue in the first quarter ended May 31, 2026 (1QFY2027) was RM159.68 million, a 27% increase when compared to the same quarter last year, thanks to higher sales volume and average selling prices, according to an exchange filing. Net profit was 36% higher year-on-year at RM16.36 million.

Demand across its key end-user industries is expected to remain resilient, supported by ongoing industrial activities and infrastructure investments, said the pipes-and-fittings maker.

Listed since March 2025, the company manufactures butt weld pipe fittings as well as welded pipes exported to more than two dozen countries.

The company’s products cater to various industries, including petroleum, water, chemicals, food and beverage, shipbuilding, pharmaceuticals, power generation and semiconductors.

Pantech Global also touted its ability to pass on the impact of US tariffs, higher raw material costs and rising energy costs to customers during the quarter. However, the company flagged impact from geopolitical developments, evolving trade policies and fluctuations in raw material prices.

“The group will continue to maintain pricing discipline, enhance operational efficiency and exercise prudent cost management to support its long-term growth,” Pantech Global added.

No dividend was declared for the quarter.

Pantech Global ended up half a sen or 1% at 46 sen, valuing the company at RM391 million ahead of the results announcement on Tuesday.

Edited ByJason Ng
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