Apollo Food Holdings announced its financial results for the third financial quarter ended 31 January 2025 with a revenue of RM75.8 million, representing a 3% year-on-year increase compared to the corresponding quarter of the previous year.

Net profit however dropped significantly to RM10.4 million for the quarter as compared to the net profit of RM30.2 million in 3Q FY2024. The group said the lower net profit this quarter was primarily due to a one-off disposal gain of RM18.6 million recorded in 3Q FY2024.

For the nine-month cumulative period, the Group recorded revenue of RM225.1 million and a net profit of RM30.7 million, still lower compared to a net profit of RM47 million in the year before.