Apollo Food's Q4 earnings jump 50pct on higher sales, trims annual dividend

KUALA LUMPUR: Apollo Food Holdings Bhd's net profit for the fourth quarter ended April 30, 2025, surged 50 per cent year-on-year to RM9.46 million from RM6.30 million previously, driven by higher sales and lower operating expenses.
Revenue for the quarter rose 28 per cent to RM73.27 million from RM57.20 million, underpinned by stronger domestic and export sales, the group said in a filing with Bursa Malaysia today.
The group attributed the improved profitability to operational cost savings, despite a volatile macroeconomic environment.
For the full year, earnings fell 26 per cent to RM40.18 million from RM54.13 million, despite a 17 per cent increase in revenue to RM298.42 million from RM255.27 million. The stronger topline was supported by both manufacturing and investment income streams.
Basic earnings per share for the quarter stood at 11.82 sen, up from 7.87 sen a year earlier. For the full year, earnings per share declined to 50.22 sen from 67.66 sen.
As at end-April, Apollo held RM116.72 million in cash and cash equivalents, up from RM104.31 million a year earlier. Total liabilities increased to RM28.17 million from RM21.72 million, while net assets per share improved to RM2.96 from RM2.81.
The group has declared a second interim dividend of 20 sen per share, payable on July 23. This brings the total dividend for the year to 50 sen, down from 70 sen declared in the previous financial year.
Managing director Cheah Jia Ming said the company delivered record revenue and operational results for financial year 2025 despite a challenging external environment.
"This reflects the effectiveness of our proactive sales strategies and the improvements we have made in operational discipline and cost management over the past year, which have strengthened our core fundamentals," he said in a statement.
Looking ahead, he said the company would continue the rationalisation of its manufacturing facilities and execute its capacity expansion plans.
"These initiatives are key to enhancing productivity and maximising cost efficiency, setting the stage for further growth," he added.
He also said consumers can expect to see more of Apollo's products on shelves, backed by stronger brand visibility and engagement. This is part of the company's strategy to strengthen brand relevance and connect with the next generation of consumers.

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