HENG HUP (01891) released its interim results, with a profit attributable to shareholders of 1.1 million Malaysian Ringgit, a year-on-year decrease of 86.9%.

HENG HUP (01891) released its interim results for the six months ended June 30, 2026, reporting revenue of RM 659 million, a year-on-year decrease of 9.1%; the profit attributable to shareholders was RM 1.1 million, a year-on-year decrease of 86.9%; and basic earnings per share were 0.11 sen. The announcement stated that the decline in revenue was mainly due to the decrease in both the sales volume and average selling price of scrap metal. Scrap metal sales volume dropped by 3.5% from 434,400 tons to 419,400 tons, while the average selling price of scrap metal fell by 5.2% from RM 1,446 per ton to RM 1,371 per ton, reflecting the currently weak pricing environment and market conditions in the domestic scrap metal industry during the reporting period.