PETALING JAYA: Apollo Food Holdings Bhd
is remaining mindful of raw material price fluctuations, operating cost escalation and broader macroeconomic uncertainties.
In a filing with Bursa Malaysia, the compound chocolate confectionery products and cakes manufacturer said it will be enhancing its distribution framework to create a foundation for sustainable growth and long-term value for all stakeholders.
For its first quarter ended July 31, 2025 (1Q25), Apollo Food’s net profit dipped to RM6.36mil from RM9.68mil in the previous corresponding period, due to lower sales and higher operating expenses.
Revenue in 1Q25 slipped to RM65.07mil from RM72mil a year earlier, mainly due to decrease in export sales.
Apollo Food said its business is undergoing a transitionary phase on the local front, as it continues to strengthen its distribution model by reconfiguring the distribution network, in partnership with robust and agile distributors aligned with its long-term growth strategy.
