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I checked, and they don’t have a formal dividend policy. But from their past payouts, it looks like they’ll still give dividends to reward shareholders when they’re making good profits
Topmix is targeting double-digit growth in FY25 due to strong demand for its products and services in the local market. There could still be more upside ahead
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.
- Revenue: RM25.4m (up 1.2% from 2Q 2024).
- Net income: RM4.01m (up 17% from 2Q 2024).
- Profit margin: 16% (up from 14% in 2Q 2024). The increase in margin was primarily driven by higher revenue.
- EPS: RM0.01 (up from RM0.009 in 2Q 2024).
