Apollo’s net profit jumps 70% to RM53.8mil in FY24


KUALA LUMPUR: Apollo Food Holdings Bhd is studying initiatives to increase efficiency and leverage its strong brand to develop new export markets and customer segments, according to managing director Cheah Jia Ming.

“This includes manufacturing space rationalisation, upscaling automation and digitalisation to optimise overall productivity and efficiency, thereby maximising both sales and capacity. Beyond these internal enhancements, we will also proactively strengthen our distribution and marketing efforts to achieve deeper market penetration and capture a higher market share.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Apollo , Cheah Jia Ming

   

Next In Business News

Wall Street set to bounce back as Tesla soars
Two major shareholders of Rexit face jail in Singapore for illegally obtaining personal data
Anwar: Iskandar Malaysia secures RM40.3bil committed investments from Jan-Sept 2024
DXN posts lower 2Q net profit of RM65.97mil
ViTrox remains cautiously optimistic for 4Q24 amid challenges
Allianz: Malaysia's inflation likely to trend at 2.9% in 2025
AWC wins RM9.5mil contract for Sungai Melaka immigration complex
Nestle posts RM85mil net profit in 3Q, declares 35 sen dividend
Ringgit gains vs greenback on stable inflation data
Texchem confident in sustaining performance amid positive economic outlook

Others Also Read