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Worth noting that Topmix have been seeing gradual increase in the (pretax) profit margin from the low teens since early 2024, the end result of stronger sales, particularly for the HPL products, which are in high demand due to sustained renovation activities.
Topmix will expand the Group’s range of decorative surface products by introducing MFC products and establishing a manufacturing division to produce kitchen and wardrobe components.
Quarterly dynamics show a healthy rebound into 4QFY25: revenue rose 56.4% qoq to RM20.3 million on livelier live-commerce activity. Gross profit rose modestly to RM8.3 million as gross margin eased to 41.0% due to tactical promotions on selected home and living products.
