Hextar Global records 2Q net profit of RM15.12mil

KUALA LUMPUR: Hextar Global Bhd's net profit in the second quarter ended June 30, 2026, dipped slightly to RM15.12mil form RM15.93mil in the year-ago quarter on the back of lower contribution from the fruit segment.

The group's quarterly revenue was 12.1% higher year-on-year to RM199.1mil due to higher sales contribution from the agriculture segment, which offset a decline in revenue in the speciality chemicals segment.

Year-to-date, the group's net profit was RM29.4mil, a fraction lower than RM29.44mil in the year-ago period. Revenue was RM395.25mil against RM416.07mil in the comparative period.

On its outlook, the group said it is expecting a satisfactory performance for the agriculture segment as demand for agrochemical products is anticipated to remain supported by the ongoing need to enhance crop yields and ensure food security. 

However, the industry continues to face uncertainties arising from raw material price volatility, foreign exchange fluctuations, evolving regulatory requirements, labour constraints, and climate-related risks.

The speciality chemicals segment is expected to deliver a stable performance with demand from the rubber, manufacturing, and industrial sectors anticipated to remain steady.

Meanwhile, the fruits segment is expected to maintain steady prospects in 2026, supported by continued demand for Malaysian durians in both domestic and export markets. 

"Export opportunities, particularly to China, are anticipated to contribute positively, subject to compliance with phytosanitary requirements and trade regulations," it said in a stock exchange filing.