PETALING JAYA: Apollo Food Holdings Bhd
reported steady growth in its third quarter of financial year 2026 (3QFY26), driven by higher domestic volumes following its strategic distribution realignment of its chocolate confectionery products and layer cakes.
The group is a leading home-grown chocolate confectionery and layer cake products maker with sales in the domestic and export markets.
Managing director of Apollo, Cheah Jia Ming said “Our expansion into the modern trade channel continues to gain traction, contributing meaningfully to the group’s revenue during the quarter.”
Ming explained that Apollo is broadening its reach and rolling out Apollo 2.0, with products in key retail chains.
“We expect the modern trade channel to remain a consistent contributor in the coming quarters,” Ming said.
Apollo posted RM10.7mil in net profit for the quarter, rising 43.9% quarter-on-quarter (q-o-q) and 7.5% year-on-year (y-o-y).
In a filing with Bursa Malaysia, the group noted its positive results were underpinned by stronger top-line performance despite incurring higher operating costs.
Apollo’s 3QFY26 revenue rose 19% q-o-q and 18% y-o-y to RM89.6mil.
For the cumulative nine months ended Jan 31, 2026, the group recorded core net profit of RM24.5mil on revenue of RM229.9mil.
