🔴 Tanco Holdings is trading 10.81% down today after FY2026 net profit plunged 88.6%

Tanco Holdings is trading 10.81% down now at MYR 0.17 as investors continue reacting to its weak FY2026 results.

• The company swung to a RM3.35 million fourth-quarter loss, while full-year net profit plunged 88.6% to RM895,000 despite higher revenue.
• Management cited weaker margins in affordable housing projects and building-materials trading, alongside sharply higher administrative expenses.
• The decline extends a multi-session selloff.