OB Holdings Declares First Interim Dividend
OB Holdings Berhad announced its second quarter and six months financial performance with Q2 recording a revenue of RM12.7 million, representing a 5.5% quarter-on-quarter increase from RM12.0 million in the immediate preceding quarter.
The growth it said was mainly driven by stronger contributions from the company’s key revenue segments. The Manufacturing Services segment contributed RM7.5 million, accounting for 59.1% of total revenue, the Sales of House Brands Products segment delivered RM3.9 million, or 30.8% of the total revenue, while the remaining RM1.3 million or 10.1% is contributed by the Trading of Milk Powder and Other Activities segment.
The Company reported a profit after tax of RM0.3 million in 2QFY25. After adjusting for a one-time listing expense of RM1.2 million, the adjusted PAT stood at RM1.4 million during the quarter under review. As a result, the adjusted PAT margin for 2QFY25 improved significantly to 11.3%, compared to the reported PAT margin of 2.0%.
For 1HFY25, OB Holdings generated a total revenue of RM24.7 million. The adjusted PAT for the period was RM3.0 million, reflecting an adjusted PAT margin of 12.0%.
For the quarter under review, the Board has declared a first interim single dividend of 0.12 sen per ordinary share.
