Kuching, 27 August 2025 – East Malaysia’s leading retail chain and supermarket operator, CCK Consolidated Holdings Berhad (“CCK”), has announced its financial results for the second quarter (Q2 FY2025) and first half of the financial year ending 31 December 2025. The Group recorded resilient earnings despite softer retail demand, supported by stronger contributions from its poultry and prawn segments.
Q2 FY2025 Performance
CCK posted a revenue of RM258.4 million, down 4.9% year-on-year (YoY) from RM271.6 million in Q2 FY2024. The decline was largely due to weaker contributions from retail, poultry, and food service operations, though this was partly cushioned by stronger results from the prawn segment and continued growth in Indonesian operations.
- Retail Segment: Revenue fell 4.6% YoY due to softer consumer spending and normalization of demand, though Indonesian processed food products remained in strong demand.
- Poultry Segment: Revenue dropped 12.0% YoY to RM84.3 million as institutional and retail demand softened.
- Prawn Segment: Revenue rose 6.3% YoY to RM27.1 million, supported by higher average selling prices despite lower export sales.
- Food Service Segment: Revenue declined to RM4.0 million from RM5.6 million, impacted by lower demand under Sarawak school supply contracts.
- Indonesia Operations: Revenue climbed 15.1% YoY to RM55.5 million, underpinned by robust demand for in-house processed products.
Profit before tax (PBT) for Q2 FY2025 improved 2.9% YoY to RM26.2 million, compared to RM25.5 million last year, with gross profit margins rising slightly to 22.7%.
Segment highlights:
- Retail: PBT of RM15.8 million (–11.6% YoY) due to lower sales volume and competitive pricing.
- Poultry: PBT rose 12.1% YoY to RM4.4 million, supported by lower feed costs and cost efficiency measures.
- Prawn: PBT jumped to RM5.5 million (+77% YoY), driven by stronger margins.
- Food Service: Stable PBT of RM392,000, in line with last year.
1H FY2025 Highlights
For the six months ended 30 June 2025, CCK delivered:
- Revenue: RM522.4 million, a slight decline of 1.9% YoY.
- PBT: RM52.2 million, supported by improved poultry and prawn margins offsetting softer retail earnings.
The Group maintained a strong balance sheet with RM226.1 million in cash, a current ratio of 4.0x, and shareholders’ funds of RM536.1 million. Its retail network now spans 79 stores across East Malaysia, providing strong market coverage.
Strategic Developments and Outlook
Group Managing Director John Tiong Chiong Hiiung highlighted that despite a challenging retail environment, CCK’s vertically integrated model and disciplined cost management continue to sustain competitiveness.
He added that the Group sees long-term potential in its Indonesian operations, supported by strong consumer demand and recent strategic partnership with Creador, which will aid expansion and brand growth.
A key milestone was achieved with the FSSC 22000 certification for its Bintawa poultry processing plant in Kuching, enhancing food safety standards and boosting customer confidence across global markets.
“While retail demand has softened, our poultry and prawn operations are delivering solid contributions. The certification further reinforces our reputation for safety and quality, supporting our long-term growth trajectory,” he said.
Outlook
With stronger prawn and poultry margins, expanding Indonesian operations, and a robust balance sheet, CCK remains cautiously optimistic for FY2025. Despite headwinds in consumer spending, the Group is positioning itself for sustainable growth through integration, product quality, and regional expansion.
