Revenue grew 42% but margins compressed. An interactive 1Q FY2026 profit & loss analysis (RM'000, public quarterly report)
Revenue keeps climbing, but net margin sits below the year-ago level (non-consecutive quarters)
Revenue grew faster than profit; the gap is the margin squeeze
Revenue, gross profit and net profit all up year-on-year
Dec'24 → Sep'25 → Dec'25 (Mar/Jun'25 not in this dataset)
Full statement, 1Q FY2025 vs 1Q FY2026. Subtotals in bold. Costs shown as reported (negative).
| Line Item | 1Q FY25 | 1Q FY26 | YoY % | % of Rev (FY26) |
|---|
How RM139.2M of revenue becomes RM17.0M of net profit
Cost of sales rose from 74.1% to 77.0% of revenue, the core of the shift
All three margins compressed year-on-year
Margins dipped mid-year and have only partly recovered
Cost of sales climbed 2.9 ppt, the single biggest driver of margin compression
Cafe Chain still ~90% of revenue, but Distribution & Retail is gaining share
Distribution & Retail more than doubled; Cafe Chain up 37%
Bubble size = FY26 revenue. Every segment grew but every segment's margin fell
Revenue, profit, margin and YoY growth by business segment
| Segment | Revenue (RM'000) | Profit (RM'000) | Margin % | Revenue YoY % |
|---|