KUALA LUMPUR (Aug 26): Supermax Corp Bhd (KL:SUPERMX) returned to the black after three years, driven by stronger revenue and improved cost efficiency.

Net profit for the three months ended June 30, 2026 (4QFY2026) came in at RM80.3 million, reversing from a net loss of RM51.6 million a year earlier, the glove maker said in a bourse filing. Supermax last recorded a quarterly profit in 1QFY2023, when it posted a gain of RM5.7 million.

Revenue jumped more than 42% year-on-year to RM217.3 million from RM152.5 million, driven by higher average selling prices and increased demand amid geopolitical tensions in the Middle East.

No dividend was declared for the quarter under review.

Nevertheless, Supermax remained in the red for the full financial year ended June 30, 2026 (FY2026), with its net loss widening to RM153.9 million from RM145 million a year earlier. Revenue also declined 5.4% to RM737.1 million from RM779.6 million.

Looking ahead, Supermax said it is strategically positioned to capture high-margin demand, buoyed by improving industry-wide supply-demand fundamentals, more disciplined Chinese capacity expansion, rising average selling prices, as well as favourable shifts in trade protection measures.

The company remains on track to optimise operations, drive sales growth and achieve higher profitability in the second half of 2026 by ramping up manufacturing output at its US plant, achieving structural cost efficiencies across its global facilities and expanding its distribution network.

Shares of Supermax were unchanged at 31 sen on Wednesday, giving it a market capitalisation of RM1.01 billion.