Press Metal Aluminium Holdings (PMETAL) Q2 2026 earnings summary

Executive summary

• Revenue for Q2 2026 rose 11.9% year-over-year to RM4.69 billion, driven by higher realised metal prices.

• Profit before tax for Q2 2026 surged 78.9% year-over-year to RM1.16 billion, aided by stronger metal prices and lower alumina costs.

• Net profit for the first half of 2026 increased 56.2% year-over-year to RM1.76 billion.

Financial highlights

• 6M 2026 revenue reached RM8.79 billion, up 8.7% year-over-year.

• Operating profit for 6M 2026 was RM2.03 billion, up 87.4% year-over-year.

• Basic EPS for 6M 2026 was 17.30 sen, a 50.8% increase year-over-year.

• Cash and cash equivalents stood at RM2.58 billion as of 30 June 2026.

Outlook and guidance

• Global aluminium supply constraints are expected to persist, supporting regional demand and premiums.

• Despite macroeconomic and geopolitical risks, satisfactory performance is anticipated for FY2026, underpinned by favourable aluminium prices.