4 days ago
Pentamaster 2Q net profit drops 41.6% to RM11.6mil
KUALA LUMPUR: Pentamaster Corp Bhd , which reported a 41.6% drop in net profit for the second quarter ended June 30 (2Q25), remains cautious amid a challenging global environment marked by ongoing macroeconomic uncertainties and trade tensions.
The automation manufacturing and technology solutions provider said operating conditions in the first half of the year remained difficult, with the group facing margin pressure due to elevated input costs and intensified pricing competition.
'These challenges were compounded by extended customer decision-making cycles given the trade tension uncertainties, global supply chain disruptions and the spill-over effects of geopolitical tensions, all of which contributed to delayed project rollouts and impacted operational efficiency.
'However, the group anticipates a comparatively more favourable performance in the second half of the year supported by improvements in order book visibility, particularly from the automated test equipment (ATE) segment where customers have gradually resumed capital investments in the next-generation test handling and burn-in systems, particularly within the logic and power semiconductor sub-segments,' Pentamaster said in a filing with Bursa Malaysia.
In 2Q25, Pentamaster's net profit fell 41.6% to RM11.6mil, or 1.63 sen per share, bringing its first-half earnings to RM24.7mil, or 3.47 sen per share.
Revenue declined 15.4% to RM144.9mil in the quarter, lifting cumulative revenue for the first six months to RM276.5mil.
Pentamaster said that as the trade tariffs imposed by the US become clearer, strategic positioning of its manufacturing base with automation is expected to drive positive momentum in its factory automation solutions (FAS) segment.
Additionally, the group said it has begun unlocking strategic benefits following the successful privatisation of PIL with Puga Holdings, backed by major semiconductor investors.
Puga's strong network, especially in Taiwan and the US, has opened up access to new customers, R&D collaborations, and market opportunities.
Pentamaster is actively building its advanced packaging capabilities, supported by the growing demand for artificial intelligence, high-performance computing, and other high-speed applications.
