SWANGCHAICHUAN (02321) Reports Interim Results with Net Profit of MYR 20.798 Million, Up 45.61% Year-on-Year

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Aug 26

SWANGCHAICHUAN (02321) announced its interim results for the six months ended June 30, 2025. The group recorded revenue of MYR 468 million, representing a decrease of 0.83% compared to the same period last year. Net profit reached MYR 20.798 million, marking a significant increase of 45.61% year-on-year. Basic earnings per share stood at 2.08 sen.

According to the announcement, the company's revenue is primarily generated from the distribution and sale of fast-moving consumer goods, with the majority comprising food and beverage products, along with the provision of logistics, warehousing and other services. The decrease in revenue was mainly attributed to a reduction of approximately MYR 22.6 million in third-party brand distribution revenue. The decline in third-party brand revenue was primarily due to decreased sales of dairy products, confectionery and packaged food products, which fell by approximately MYR 29.4 million.

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