KUALA LUMPUR: CAB Cakaran
Corp Bhd’s net profit slipped 1.28% to RM27.82mil, or 3.98 sen per share, for the first quarter ended Dec 30, 2026 (1Q26), marking its ninth consecutive profitable quarter.
While CAB recorded a higher operating profit of RM55.67mil compared with RM44.11mil a year earlier, its net profit edged down.
The decline was mainly due to a fair value loss of RM9.65mil on derivative financial liabilities, an accounting adjustment.
Quarterly revenue rose 4.08% to RM617.84mil from a year earlier, driven mainly by higher sales in the integrated poultry division and contributions from newly acquired CAB Feed Sdn Bhd (formerly Cargill Feed Sdn Bhd) and its subsidiaries.
To date, CAB has 19 retail outlets, which consist of Pasaraya Jaya Gading Sdn Bhd and Home Mart Fresh & Frozen Sdn Bhd.
Group managing director Christopher Chuah Hoon Phong said the group delivered another strong set of results in 4Q25, with solid profits supported by robust orders and a growing sales pipeline despite a forex loss.
He said the acquisition of Cargill Feed was approved by shareholders on Nov 5 and has since been completed, with the group receiving its maiden contribution from the business during the quarter, albeit for only one month and with Cargill operating at 60% capacity.
“We intend to bring Cargill’s utilisation to full capacity over the next two years. Cargill will be an increasingly important contributor to the group in the years to come,” he said.
“We foresee FY26 to be a growth year for CAB Cakaran as we recognise contributions from two new areas - our new venture with Cargill, and the Indonesian operations with Salim Group. While we are constantly on the lookout for strategic acquisitions, we are always vigilant and diligent in ensuring all our businesses run efficiently and profitably,” Chuah said.
