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Zantat swung from a profit in 2024 to a RM5.46 million loss in 2025 due to a combination of challenges. These included a one-off RM2.3 million impairment on plant and equipment, higher freight and distribution costs from increased exports and rising global shipping rates, realized foreign exchange losses caused by a weaker US Dollar, and softer demand in the glove sector that impacted its dispersion and kaolin segments
They expects business to improve as demand from the glove manufacturing industry gradually picks up, helped by industry consolidation and the need to upgrade existing systems. Its core engineering and project work should continue to provide steady support, although results will still depend on project schedules and cost conditions
Flexi’s revenue for the quarter ended 31 December 2025 rose by RM6.76 million (45.42%) to RM21.64 million, up from RM14.88 million in the previous quarter ended 30 September 2025. This increase was mainly driven by higher project progress billings and stronger contributions from ongoing engineering works.
