{
  "id": 1445230,
  "title": "JHM eyes FY26 turnaround on automotive, semiconductor growth",
  "url": "https://urgent.news/2026/08/17/jhm-eyes-fy26-turnaround-on-automotive-semiconductor-growth",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-17T07:37:07.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/08/1513025/jhm-eyes-fy26-turnaround-automotive-semiconductor-growth"
  },
  "original_language": "en",
  "account": null,
  "summary": "JHM Consolidation Bhd is expected to experience a turnaround in its financial performance for the fiscal year 2026 (FY26), according to RHB Research. The company's core automotive lighting business and semiconductor-focused sheet metal division are anticipated to drive growth, with an expected revenue increase of 20% to 30% in FY26 and a net margin of 4% to 6%. Automotive segment, which constitutes more than 60% of revenue, is expected to remain the main earnings driver, supported by delayed projects for a major customer and a new contract from Magna Autosystems. Industrial segment, driven by the semiconductor-focused sheet metal division, is expected to grow at 15% year-on-year and contribute RM7 million to RM10 million to FY26 earnings. Despite higher revenue growth assumptions, margins for certain automotive projects are expected to be narrower, but the company's valuation remains at 18 times price earnings, representing one standard deviation above JHM's five-year mean.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}