Senheng New Retail Berhad announced its unaudited financial results for the second quarter ended 30 June 2026 (“Q2 FY2026”), recording revenue of RM236.7 million and gross profit of RM53.6 million. The group has recorded a loss of RM1.2 million for the quarter.
Revenue for Q2 FY2026 was lower than RM270.4 million recorded in the corresponding quarter last year, reflecting continued selective consumer spending on higher-ticket electrical and electronics products. Gross profit, however, declined at a slower pace of 5.6% year-on-year, resulting in a 1.7 percentage-point improvement in gross profit margin that reflects the Group’s continued focus on sales quality, product mix and disciplined promotional execution.
Operating and administrative expenses decreased to RM56.0 million from RM57.2 million a year earlier, while finance costs declined by 32.1% to RM0.9 million. On a quarter-on-quarter (“QoQ”) basis, loss before tax narrowed to RM1.2 million from RM1.5 million in Q1 FY2026, supported by higher gross profit margin and tighter control over operating expenses. The Group reported a loss after tax of RM1.6 million compared with RM 1.3 million in Q1 FY2026. However, excluding a tax incentive benefit of approximately RM0.6 million recognised in Q1 FY2026, the loss after tax would have been approximately RM1.9 million, indicating an improvement in Q2 FY2026.
For the six months ended 30 June 2026, Senheng recorded revenue of RM487.5 million and gross profit of RM107.4 million, the group has reported a loss of RM2 million.
