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Senheng Cash Flow Strengthens as Competition Weighs on Sales

By TLA AI Editor2 min read

Kuala Lumpur, 28 August 2026 – Senheng New Retail Berhad reported second-quarter revenue of RM236.7 million, down from RM270.4 million, as intense competition from cross-border online platforms continued to reshape Malaysia’s consumer-electronics market. Gross margin nevertheless improved to 22.7% from 21%, while tighter operating and financing costs helped narrow the quarterly loss before tax to RM1.2 million.

Gross profit was RM53.6 million, down 5.6%, while administrative and operating expenses eased to RM56 million from RM57.2 million. Finance costs fell 32.1% to RM0.9 million. The loss after tax was RM1.6 million, compared with RM1.3 million a year earlier, although sequential performance improved after adjusting for a first-quarter tax incentive.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.