Techbond Group Berhad, a leader in industrial adhesives and sealants, has announced a net profit of RM4.8m for the first quarter of FY26, ending 30 September 2025. The company’s revenue reached RM32.9m, a slight decrease from RM36.4m in the same period last year, attributed to strategic product portfolio optimisation.
The company’s profit before tax saw a significant increase of 94% year-on-year, rising to RM5.7m from RM3m in Q1 FY25. This growth was largely due to improved product mix and portfolio optimisation efforts. Additionally, Techbond recorded an unrealised foreign exchange gain of RM0.1m, contrasting with a loss of RM2.1m in the previous year.
Techbond’s CEO, Lee Seh Meng, highlighted the challenges posed by global macroeconomic conditions, including the impact of US reciprocal tariffs on supply chains and investor sentiment. However, he noted that recent US Federal Reserve interest rate cuts could stimulate business investment and consumer demand.
In Malaysia, the reciprocal tariff rate is set at 19%, aligning with other ASEAN manufacturing nations. Despite these challenges, Techbond remains focused on expanding its export market, particularly in Vietnam, where it has secured new customers in newly penetrated regions.
The company declared a first interim dividend of 0.75 sen per share and maintains a strong financial position with a net cash per share of 15.6 sen as of 30 September 2025. Looking ahead, Techbond is optimistic about its growth prospects and continues to engage with potential customers in its upstream polymerisation segment.