4 days ago
Apollo Food ends FY25 on a high note, eyes continued growth
File pic – Apollo Food website
KUALA LUMPUR: Apollo Food Holdings Bhd aims to continue the rationalisation of its manufacturing facilities and the execution of its capacity expansion plans in the financial year ending April 30, 2026 (FY26).
'These initiatives are key to enhancing productivity and maximising cost efficiency, setting the stage for further growth. That said, we remain cautious of ongoing fluctuations in raw material prices as well as broader macroeconomic uncertainties, and will continue to manage input costs and operating risks prudently,' managing director Cheah Jia Ming said in a statement.
In the fourth quarter ended March 30, 2025 (4Q25), Apollo's net profit jumped 50.1% to RM9.4mil, or 11.82 sen per share, bringing FY26 profit to RM40.2mil, or 50.22 sen per share.
The confectionery maker's Revenue in 4Q25 rose 28.1% to RM73.3mil, bringing its full-year revenue to a record of RM298.4mil.
Apollo said that, excluding a non-operational gain of RM18.6mil from the disposal of properties in the previous financial year, its FY25 net profit rose 13% year-on-year, marking the highest operational net profit in the group's history.
The company also declared a second interim dividend of 20 sen per share, payable on July 23. Together with the first interim dividend of 30 sen paid earlier in the financial year, the total
dividend payout ratio for FY25 stands at 100%.
Cheah said that in the coming financial year, the company will implement marketing plans aimed at re-engaging with the market in a more significant way.
'After many years of subdued branding activities, Apollo will be stepping up its presence through refreshed marketing initiatives and improved product visibility.
'Consumers can expect to see more of our products on shelves, supported by stronger brand visibility and engagement. These efforts are part of our strategy to strengthen brand relevance and deepen our connection with the next generation of consumers', he added.
