Double Wealth Bank(02321.HK)Net profit for the year 2025 is approximately MYR 33.2 million, an increase of about 18.1% year-on-year.

Gelonghui March 27丨Shuangcaizhuang (02321.HK) released its 2025 annual performance results. During the reporting period, revenue increased by approximately 2.2% year over year to approximately RM933 million, and revenue increased by approximately 2.2% year over year. Profit attributable to owners for the reporting period was approximately RM33.20 million, representing an increase of approximately 18.1% year over year. Basic earnings per share for the reporting period were 3.32 sen.

The Group’s revenue is primarily generated from (i) the distribution and sale of fast-moving consumer goods (“fast-moving consumer goods”), most of which are food and beverage products, and (ii) the provision of logistics, warehousing and other services. For the year ended December 31, 2025 (“the reporting period”), the Group’s revenue increased by approximately RM19.9 million, or 2.2%, to approximately RM932.9 million during the reporting period from approximately RM913.0 million as at December 31, 2024 (“the previous year”), mainly due to a decrease of approximately RM20.0 million in distribution revenue from third-party brands. The increase in revenue from third-party brands was mainly attributable to increases of approximately RM47.1 million in personal care and baby care products, cleaning and kitchen supplies, beverages, frozen foods and sauces, as well as oils and condiments, which offset a decrease of approximately RM26.5 million in sales of packaged foods and goods.