Apollo Food Holdings Bhd posted a 9% year-on-year increase in net profit to RM6.96 million for the first quarter ended July 31, 2026 (1Q27), supported by stronger export sales despite higher operating costs.
Revenue for 1Q27 rose 13% to RM73.76 million from RM65.07 million a year earlier, driven mainly by improved export performance.
Managing Director Cheah Jia Ming said demand remained relatively stable despite a softer consumer environment, with Apollo’s focus on affordable price points helping cushion the impact of more selective spending.
The company is also reviewing and refining its domestic route-to-market strategy to better respond to changing consumer habits, while export volumes remained steady, led by its core Indonesian market.
Apollo is nearing completion of two new layer cake production lines, with commissioning expected in 3Q26 and full readiness by 4Q26. The additional capacity is intended to support longer-term domestic and export requirements.
However, Cheah cautioned that rising raw material, packaging and freight costs, exacerbated by geopolitical tensions, continue to weigh on margins.
Nevertheless, Cheah emphasised that the company will focus on procurement, inventory management, operational efficiencies and tighter execution across its sales channels to mitigate ongoing cost pressures.
