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Press Metal Aluminium 2Q Net Profit Climbs to RM801 Million Driven by Higher Smelting Margins and Value-Added Product Premiums

Press Metal Aluminium Holdings Berhad delivered a strong second-quarter net profit of RM801 million, propelled by expanding smelting margins, firm metal prices, and rising demand for low-carbon aluminium.

By TLA AI Editor4 min read

Kuala Lumpur, 28 August 2026 – Southeast Asia’s largest integrated aluminium smelting corporation Press Metal Aluminium Holdings Berhad recorded a powerful earnings acceleration for the second quarter ended 30 June 2026 (2Q26), posting group net profit of RM801.2 million, representing a 32.4% year-on-year increase from RM605.3 million in the corresponding period of 2025.

Group revenue for the quarter expanded by 18.6% year-on-year to RM4.12 billion, driven by firmer benchmark aluminium cash prices on the London Metal Exchange (LME), robust sales volumes across its hydro-powered smelting complexes in Samalaju and Mukah, Sarawak, and higher product premiums commanded by its value-added product (VAP) portfolio.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.