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Shuangcaizhuang (02321) announced interim results. Net profit of RM21.59 million increased 3.42% year over year

Zhitongcaijing·08/27/2026 09:57:03
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According to the Zhitong Finance App, Shuangcaizhuang (02321) announced interim results for the six months ended June 30, 2026. The group achieved revenue of RM531 million, up 13.44% year on year; profit for the period was RM21.509 million, up 3.42% year on year; profit per share was RM2.15 cents.

According to the announcement, the increase in revenue was mainly due to an increase of about RM53.5 million in distribution revenue from third party brands and an increase of about RM9.3 million in revenue from private brand products. The increase in revenue for third party brands was mainly due to an increase of approximately RM43.5 million in sauces, oils and condiments, packaged food and raw materials products, and tobacco products. The increase in revenue from private label products was mainly due to an increase of approximately RM9.2 million in high-quality health products and frozen foods.