Shuangcaizhuang (02321) announced interim results, net profit of RM20.798 million, an increase of 45.61% over the previous year

According to the Zhitong Finance App, Shuangcaizhuang (02321) announced interim results for the six months ended June 30, 2025. The group achieved revenue of RM468 million, a year-on-year decrease of 0.83%; net profit of RM207.98 million, an increase of 45.61%; and basic profit per share of 2.08 cents.

According to the announcement, the company's revenue mainly comes from distribution and sales of FMCG products, most of which are food and beverage products and provision of logistics, warehousing and other services. The decrease in revenue was mainly due to a reduction of approximately RM22.6 million in distribution revenue for third party brands. The decline in revenue for third party brands was mainly due to a reduction of around RM29.4 million in dairy products, candy and packaged foods.