Source: Bursa website

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3506594

1. Strong Quarterly Growth:

• Revenue: RM77.3m (+17% YoY, +7% QoQ), supported by robust demand in both domestic and export markets.

• Profit Before Tax (PBT): RM14.2m (+10% YoY, +9% QoQ), driven by higher sales despite an uptick in operating costs.

• Net Profit: RM10.6m (+7% YoY, +10% QoQ).

The earnings growth reflects Apollo's strategic efforts to deepen market penetration and bolster brand equity.

2. Consistent Dividend Policy:

• Declared a 30 sen interim dividend for FY2025. This reinforces management's commitment to shareholder returns.

3. Healthy Balance Sheet:

• Net Cash Position: RM141.6m (as of 31 Oct 2024).

• Net Asset Per Share: RM3.06 (vs. RM2.81 in April 2024).

  This solid cash buffer provides flexibility to manage raw material costs and undertake capacity enhancements.

4. Operational Efficiency and Mitigation Measures: Apollo's ongoing initiatives to streamline operations and enhance efficiency are expected to counter rising input costs and safeguard margins.

Key Risks

Rising input costs remain a concern, but Apollo’s cost-management measures and pricing strategies are mitigating the impact. Export-driven revenue (approximately 38%) exposes Apollo to foreign exchange risk