Apollo Food Saw FY2026 PAT Decline 15% To RM34 Million, Declares 30 sen Interim Dividend

APOLLO FOOD announced its financial results for the fourth quarter ended 30 April 2026. The Group delivered double-digit revenue growth in 4Q FY2026, increasing 11% year-on-year to RM81.3 million, driven primarily by stronger domestic sales following the
successful implementation of its domestic route-to-market transformation.

This strategy expanded the Group’s local distribution network, strengthened its presence in the modern trade segment and improved overall market control. Net profit grew by 5% YoY to RM9.9 million in 4Q FY2026, from RM9.5 million in the corresponding quarter last year. In line with its long-term strategy, the Group continued to invest in talent and brand-building initiatives to strengthen its organisational capabilities and support business expansion. These investments resulted in higher operating expenses, and a more moderate profit growth relative to revenue growth.

For the full financial year ended 30 April 2026, the Group achieved revenue of RM311.2 million and a net profit of RM34 million which was down from RM40 million recorded in the previous year.

The Group declared its second interim dividend of 30 sen per share, payable on 22 July 2026.

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