KUALA LUMPUR: Apollo Food Holdings Bhd’s net profit in the second quarter ended Oct 31, 2014 fell 27% to RM4.8mil from RM6.6mil despite revenue climbing 6.5% to RM51.4mil from RM48.2mil in the corresponding period a year earlier.
The company said it had experienced increased demand from both the export and local market. However, the higher cost of materials ate into profits.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!