Pansar 1Q net profit up 22 pct as margins offset softer revenue
KUCHING (August 28): Pansar Bhd (Pansar) posted a net profit of RM8.49 million for the first quarter ended June 30, 2026 (1QFY27), up 22.2 per cent from RM6.95 million a year earlier, even as revenue slipped. The Sarawak-based engineering, trading and construction group said revenue for the quarter eased 2.4 per cent to RM269.5 million [...] The post Pansar 1Q net profit up 22 pct as margins…
Pansar Bhd reported an 22.2% increase in net profit for the first quarter of fiscal year 2027, reaching RM8.49 million, despite a 2.4% decline in revenue. The Sarawak-based company's gross profit rose to RM33.04 million, marking a 12.3% gross margin, up from 11.2% in the previous quarter. Despite a smaller revenue base of RM269.5 million, the drop was offset by improved margins and reduced financial costs.
The marine and industrial segment continued to be the largest profit contributor, while construction and infrastructure remained the top revenue earner. However, operating profit for both segments saw declines due to increased expenses. Pansar will closely monitor profitability, costs, inventories, and credit quality amid challenging economic conditions in the coming quarters.
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