Financial Performance - The company reported revenue of approximately 214.655 million MYR for the six months ended June 30, 2025, a decrease of 8.9% compared to 235.564 million MYR for the same period in 2024[18]. - Net profit for the six months ended June 30, 2025, was approximately 16.273 million MYR, a decline of 20.6% from 20.497 million MYR in the same period of 2024[7]. - Total comprehensive income for the period was RM 14,527,000, down from RM 18,104,000 in the previous year[52]. - Basic and diluted earnings per share for the period were 0.79 sen, compared to 0.93 sen in the same period last year[52]. - The company reported a foreign exchange loss of RM 8,360,000 during the period, impacting overall comprehensive income[55]. - For the six months ended June 30, 2025, the company reported a net profit of MYR 19,230,000, compared to MYR 24,673,000 for the same period in 2024, representing a decrease of approximately 22%[56]. - The pre-tax profit for the period was 19,484 thousand MYR, leading to a net profit of 16,273 thousand MYR after tax expenses of 3,211 thousand MYR[72]. - The company reported a net loss from foreign exchange of (376) thousand MYR compared to a gain of 640 thousand MYR in the previous year[84]. Revenue Breakdown - Revenue from logistics center and related services increased by approximately 23.3% to about 55.667 million MYR, with gross profit rising by 54.6% to approximately 8.318 million MYR[19]. - Revenue from land transportation services decreased by approximately 15.4% to about 31.297 million MYR, while gross profit increased by 13.8% to approximately 1.637 million MYR[20]. - Revenue from integrated freight forwarding services fell by approximately 15.8% to about 44.848 million MYR, with gross profit decreasing by 29.3% to approximately 9.061 million MYR[20]. - Revenue from container liquid bag solutions and related services decreased by approximately 19.1% to about 76.540 million MYR, with gross profit declining by 3.1% to approximately 22.721 million MYR[20]. - Revenue from fourth-party logistics services increased by approximately 12.7% to about 6,303,000 MYR for the six months ended June 30, 2025[21]. - Air freight service revenue increased to 2,159 thousand MYR, up 6.0% from 2,037 thousand MYR year-over-year[80]. - Sea freight service revenue decreased by 20.3% to 25,020 thousand MYR from 31,383 thousand MYR[80]. Assets and Liabilities - Total non-current assets amounted to approximately 475.018 million MYR, reflecting a slight increase of 0.7%[15]. - Current liabilities decreased by 6.5% to approximately 216.470 million MYR, while total liabilities decreased by 3.8% to approximately 213.175 million MYR[16]. - The company's total equity as of June 30, 2025, was MYR 357,779,000, an increase from MYR 339,675,000 as of June 30, 2024, reflecting a growth of about 5.3%[56]. - The group reported total trade and other payables of 81,865,000 MYR as of June 30, 2025, down from 87,371,000 MYR as of December 31, 2024[101]. - The group's interest-bearing loans amounted to 118,404,000 MYR as of June 30, 2025, compared to 116,899,000 MYR as of December 31, 2024[104]. - The total lease liabilities amounted to 116,782,000 MYR as of June 30, 2025, compared to 121,699,000 MYR as of December 31, 2024, indicating a reduction of approximately 4.1%[112]. Employee and Operational Costs - Employee costs, including director remuneration, were approximately 34,478,000 MYR for the six months ended June 30, 2025, compared to 32,656,000 MYR for the same period in 2024[29]. - The company incurred finance costs of MYR 6,725,000 for the six months ended June 30, 2025, an increase from MYR 5,767,000 in the previous year, indicating a rise of approximately 16.6%[57]. - The company experienced a net cash outflow from investing activities of MYR 33,761,000 for the six months ended June 30, 2025, compared to MYR 11,206,000 in the same period of 2024, representing a significant increase in investment spending[59]. Shareholder Information - As of June 30, 2025, Dato' Seri Chan, Dato' Kwan Siew Deeg, and Datin Seri Lo Shing Ping collectively hold 1,313,686,000 shares, representing 63.65% of the issued shares[39]. - Major shareholders include 2926 Holdings with 1,313,686,000 shares (63.65%) and Tan Sri Datuk Tan with 146,310,000 shares (7.09%) as of June 30, 2025[45]. - The company has not identified any external customers contributing 10% or more to total revenue for the periods ending June 30, 2025, and June 30, 2024[77]. Compliance and Governance - The company has been committed to enhancing its internal controls and procedures in line with regulatory changes and best practices[34]. - All directors confirmed compliance with the standard code of conduct for securities trading during the relevant period[35]. - The audit committee consists of three independent non-executive directors, responsible for maintaining relationships with auditors and reviewing financial information[36].
鹰辉物流(01442) - 2025 - 中期财报