PETALING JAYA: Hup Seng Industries Bhd
has posted a lower net profit of RM15.24mil for the fourth quarter ended Dec 31, 2025, lower than the RM17.34mil posted in the same quarter a year ago.
In a filing with Bursa Malaysia, the biscuit manufacturer said the decrease was due to lower sales.
For the quarter under review, revenue fell 4% to RM112.41mil as opposed to RM117.12mil in the same quarter in 2024.
“There was a drop in both domestic and export markets.
“Domestic market has decreased by about 4% or RM3.7mil from hypermarkets and wholesale channels.
“Export market saw a decline of 4% or RM1mil mainly from Thailand and Myanmar,” the group said.
For its full year (FY25), Hup Seng registered a flattish revenue of RM394.7mil compared with RM395.3mil in the preceding year.
While domestic markets increased slightly by 1% or RM4.3mil from super and hypermarkets, the export markets saw a decline of about 6%.
“This was mainly from Indonesia, Myanmar, Mauritius, Singapore, Thailand and Saudi Arabia due to weaker demand and fluctuations in the ringgit, resulting in broadly flat growth across the group.”
Its profit was also lower at RM49.81mil for FY25 from higher costs of certain raw materials, minimum wages from RM1,500 to RM1,700 per month, lower revenue from export markets and increased distribution costs such as carriage outwards, distribution centre costs for outlets and promotional expenses.
The group did not declare any dividend for the quarter under review.
It’s worth noting that the company declared a dividend of two sen per share for the same quarter in 2024.
Moving forward, Hup Seng said it will remain cautiously optimistic, stating that domestic demand is expected to remain resilient, while export performance is anticipated to improve gradually as market conditions stabilise.
“Nevertheless, the group will continue to prioritise cost control, enhance operational efficiencies and strengthen growth opportunities in both domestic and export markets to mitigate cost pressures and support profitability going forward.”
