PT Resources Holdings Bhd saw profit after tax (PAT) fall 26.7% to RM2.2 million for the first quarter ended July 31, 2026 (1Q27), even as revenue climbed 35.9% on stronger domestic sales.
Revenue rose to RM161.4 million from RM118.8 million a year earlier, driven mainly by continued local customer demand and ongoing sales and promotional initiatives. The increase was partly offset by weaker sales to certain overseas markets, particularly China.
Despite the stronger top line, gross profit fell to RM7.3 million from RM12.7 million, while gross profit margin narrowed sharply to 4.5% from 10.7%.
The group attributed the margin compression mainly to a shift in sales mix towards domestic sales, which generally carry lower margins than exports.
Administrative expenses declined 16.7% to RM6.9 million from RM8.2 million, helped by lower staff costs, advertising and promotional expenses, as well as distribution costs.
Looking ahead, PT Resources said it remains cautious amid geopolitical tensions, currency volatility and protectionist trade measures.
The group will continue expanding its domestic and overseas sales channels, while pursuing market diversification, operational efficiency and prudent cost management.
It is also conducting trial runs for its proprietary MO Wholesale mobile application, aimed at improving customer convenience and order management.
The board remains cautiously optimistic about the group’s prospects as it focuses on strengthening its core seafood processing and trading business.
