KUALA LUMPUR, Ancom Nylex Bhd is on track for stronger earnings in the coming quarters, supported by rising export demand and the launch of new agrochemical products.
The group — which operates across agrochemicals, industrial chemicals, and logistics — is benefiting from solid demand in Southeast Asia, Latin America, and parts of Africa, where agricultural needs are growing due to unpredictable weather and food security concerns.
Analysts highlight that Ancom Nylex’s latest range of herbicides and pesticides is gaining traction overseas. The company recently obtained regulatory approvals in several countries, giving it an edge as older agrochemical products are being phased out globally.
“We expect solid growth in the agrochemical division, which now accounts for over half of group revenue,” said a local analyst. “New product launches, stronger exports, and favourable currency and commodity trends should help lift margins.”
In its recent results, the company reported steady revenue growth and expects profits to rise in the second half as production increases and exports pick up. A newly opened plant in Klang is also expected to enhance efficiency and reduce costs, while helping the group meet environmental standards.
Group CEO Lee Cheun Wei said Ancom Nylex remains focused on innovation and market expansion. “Our strength is in developing customised solutions for niche crops and underserved regions. We’re investing in R&D and growing our global footprint,” he said at an investor briefing.
The company’s logistics division continues to support internal operations and bring in stable third-party revenue, helping offset raw material cost fluctuations. Meanwhile, the industrial chemicals and polymer segments are expected to remain stable, with growth driven mainly by agrochemicals.
Analysts believe Ancom Nylex is well-positioned to benefit from the global shift toward safer and more sustainable agriculture products. Several brokerages have issued “Buy” calls on the stock, revising target prices upward in anticipation of stronger earnings through FY2026.
