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MAG Holdings Revenue Jumps 41.6% in 1QFY2026 as Aquaculture Expansion Lifts Sales Volume

Kuala Lumpur, 30 May 2026 – MAG Holdings Berhad continued its growth momentum in the first quarter ended 31 March 2026, supported by higher sales volume, expanded farming capacity and the Group’s ongoing move into downstream food processing.

The ACE Market-listed prawn aquaculture player recorded revenue of RM105.7 million for 1QFY2026, representing a 41.6% increase from RM74.7 million in the corresponding quarter last year. The stronger topline was mainly driven by higher sales volume following the Group’s operational expansion, including the acquisition of two additional farms and one processing plant in May 2025.

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  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.

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