PETALING JAYA: New Hoong Fatt Holdings Bhd
(NHF) will remain focused on sustaining business performance through cost control and operational efficiency.
In a filing with Bursa Malaysia, the company, a manufacturer and distributor of automotive replacement parts, said it will also capitalise on emerging market opportunities.
For the third quarter ended Sept 30, 2025, NHF’s net profit rose to RM10mil from RM5.47mil in the previous corresponding period primarily due to narrowing foreign exchange losses.
Revenue in the third quarter dipped to RM65.96mil from RM72.64mil a year earlier, mainly due to lower revenue across all markets, except for the export segment, which maintained its performance at the same level as the third quarter of 2024.
For the nine-month period ended Sept 30, 2025, NHF’s net profit slipped to RM25.79mil from RM32.71mil in the previous corresponding period, while revenue dropped to RM195.04mil from RM218.58mil previously.
The company declared a third interim single tier dividend of 1.5 sen per ordinary share in respect of the financial year ending Dec 31, 2025, to be paid on Dec 23.
