Malaysian Pacific Industries Holdings (MPHC) on Friday reported a deeper half-year loss for 2026 as revenue tumbled 57% from the prior-year period.
The conglomerate, listed on Bursa Malaysia, posted a net loss of 180 million ringgit ($41.7 million) for the six months ended June 30, 2026, compared with a 102 million ringgit loss in the same period of 2025. Revenue declined to 345 million ringgit from 803 million ringgit a year earlier, reflecting broad-based weakness across its operations.
MPHC attributed the decline to persistently soft demand in its core markets, compounded by sustained pricing pressure in key product segments. The group did not provide a breakdown of revenue by division or segment in its filing.
Chief Executive Officer Tan Sri Dato’ Seri Tajudin Husain said the operating environment remained challenging, with no immediate signs of recovery in demand or pricing. “We continue to focus on cost discipline and operational efficiency to mitigate the impact of the downturn,” he stated.
Analysts said the results underscored the broader headwinds facing Malaysia’s industrial and manufacturing sectors, where export-oriented firms have faced weaker global demand and competitive pressures. The company’s shares were down 3.2% at midday trading on Friday.
MPHC did not provide guidance for the full year, citing uncertainty over the pace of economic recovery and the trajectory of input costs.
