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Thursday, 15 October 2026

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Ancom Nylex Profit Rises 15.2% as Industrial Chemicals Lead Growth

Ancom Nylex’s first-quarter profit rose 15.2% to RM23.1 million, supported by Industrial Chemicals as currency translation moderated Agrichem’s reported sales.

By TLA AI Editor3 min read

Kuala Lumpur, 15 October 2026 – Ancom Nylex Berhad reported a 15.2% increase in first-quarter net profit to RM23.1 million, as stronger industrial chemicals performance outweighed the translation effect of a firmer ringgit on its agricultural chemicals exports.

Revenue for the quarter ended 31 August 2026 rose 19.2% to RM533.4 million from RM447.4 million a year earlier. Profit before tax increased 21.3% to RM35.2 million from RM29 million, giving the group a stronger opening to its 2027 financial year.

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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.