PETALING JAYA: Rhone Ma Holdings Bhd
believes it is positioned to capitalise on structural shifts across the global and regional landscape, which would transition it from a provider of products to a vital partner in its customers’ development life cycles.
It said the global animal health industry is poised for sustained growth driven by rising demand for advanced veterinary solutions and the increasing professionalisation of livestock farming.
Releasing its results for the first quarter ended March (1Q26), Rhone Ma saw net profit inch up to 3.5% year-on-year to RM3.43mil, on profit growth of 7.6% to RM53.6mil. Earnings per share stood at 1.55 sen.
The group said revenue from animal health products and equipment increased by RM3.57mil from approximately RM42.19mil in the preceding year’s corresponding quarter to approximately RM45.76mil in the current quarter.
“Revenue from food ingredients increased by approximately RM270,000 from RM6.15mil in the preceding year’s corresponding quarter to approximately RM6.42 million in the current quarter,” it said in a filing with Bursa Malaysia.
However, Rhone Ma said the increase in profitability for 1Q26 was offset by the share of the result in a joint venture of approximately RM1.25mil.
