PETALING JAYA, 20 January 2026 – Ancom Nylex Berhad, Southeast Asia’s leading fully integrated chemical group, posted a strong double-digit earnings rebound in the first half of FY2026, with net profit rising 34.3% year-on-year to RM38.1 million, underpinned by healthier margins, higher tax efficiency and a strategic breakthrough in its Agrichem business.
For the six months ended 30 November 2025 (1HFY26), group revenue came in at RM876.2 million, compared with RM966.3 million in the corresponding period a year earlier. The softer top-line performance was mainly attributed to lower contributions from the Industrial Chemicals segment, as declining crude oil prices pressured chemical selling prices globally.
Despite this, Ancom Nylex delivered a robust bottom-line performance, reflecting margin resilience across its Agrichem and Industrial Chemicals divisions, alongside improved operational discipline and tax optimisation.
Brazil Soybean Approval Marks Strategic Inflection Point
A key highlight of the period was a major regulatory breakthrough in Brazil, where Ancom Nylex secured final product registration approval for its core active ingredient product for soybean application. The approval significantly expands the group’s addressable market, as soybean planted areas in Brazil are estimated to be about five times larger than sugarcane, a crop segment the group currently serves.
Managing Director and Group CEO Datuk Lee Cheun Wei (拿督李俊伟) described the development as transformational.
“Overall, we are delighted to keep up 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 product in Brazil for soybean application,” he said.
The group is now awaiting the formal publication of the approval, after which it expects to be well positioned to capture opportunities from the 2026 soybean planting season, supported by ready production capacity to serve this fast-growing market.
Quarterly Performance Remains Firm
For the second quarter of FY2026 (2QFY26), Ancom Nylex recorded revenue of RM428.8 million, slightly lower than RM450.7 million a year earlier, again reflecting weaker pricing conditions in the Industrial Chemicals segment.
However, 2QFY26 net profit rose 18.9% year-on-year to RM18.0 million, from RM15.2 million in 2QFY25, driven by better margins, improved operational efficiency in its distribution business and lower tax expenses.
Outlook: Cautiously Optimistic Amid Global Uncertainty
Looking ahead, management remains cautiously optimistic, supported by seasonal demand trends, the expansion of its export crop portfolio and the newly unlocked soybean opportunity in Brazil.
Datuk Lee noted that while global market uncertainties, trade developments and geopolitical tensions remain key risks, the group is encouraged by its strengthened export positioning. On the domestic front, potential short-term inflationary pressures from wage-related initiatives and subsidy rationalisation are being closely monitored.
“Nevertheless, the Group remains cautiously optimistic now that our export market has another major crop addition,” he added.
With diversified chemical operations, improving margins and a strategic foothold in one of the world’s largest soybean markets, Ancom Nylex enters FY2026 with renewed momentum and clearer growth visibility.
