Press Metal Aluminium Holdings Berhad: Navigating Challenges with Record Revenue
In a remarkable display of resilience, Press Metal Aluminium Holdings Berhad, Malaysia’s largest aluminium smelter in Southeast Asia, has posted record quarterly revenue for the second quarter of 2025, despite a decline in net profit. The company, listed on Bursa Malaysia, reported a 5.9% increase in revenue, reaching RM4.19 billion, up from RM3.95 billion in the same period last year. This growth was primarily fueled by higher sales volumes and stronger realized aluminium prices, showcasing the company’s ability to capitalize on market dynamics despite facing headwinds.
However, the financial landscape for Press Metal was not without its challenges. The company experienced a 4.4% decline in net profit, which fell to RM483.58 million for the second quarter ended June 30, 2025, down from RM505.83 million a year earlier. This downturn was attributed to higher input costs and lower contributions from its associate companies. The earnings per share also saw a slight decrease, slipping to 5.87 sen from 6.14 sen in the previous year.
Despite these challenges, Press Metal’s performance in the first half of the financial year 2025 tells a story of growth and resilience. The company’s net profit increased to RM945.35 million from RM913.87 million a year ago, while revenue climbed to RM8.09 billion. This upward trajectory is a testament to Press Metal’s strategic positioning and operational efficiency in a competitive and volatile market.
Looking ahead, Press Metal Aluminium Holdings Berhad remains optimistic about the future demand for aluminium. The company anticipates that demand will stay resilient, driven by renewable energy and new growth areas like artificial intelligence (AI) and data centers. Global aluminium supply constraints continue to support metal prices, aided by fragile supply stability amid geopolitical risks. Furthermore, lower raw material prices are expected to be positive for the company’s smelting operations.
The anticipated US rate cuts and various government stimulus measures could inject optimism into global growth, potentially benefiting Press Metal’s operations and the broader aluminium market. As the company navigates through these global challenges, its commitment to providing high-quality aluminum products and services remains unwavering.
In conclusion, Press Metal Aluminium Holdings Berhad’s ability to post record quarterly revenue amidst a profit decline highlights its strategic agility and market acumen. With a forward-looking perspective, the company is well-positioned to capitalize on emerging opportunities in the aluminium industry, ensuring its continued growth and success in the years to come.