HSS Holdings Berhad (“HSS Holdings” or the “Group”), a bakery products player principally involved in the sourcing, trading and manufacturing of bakery products, today announced its financial results for the second quarter ended 30 June 2026 (“Q2FY2026”).
For Q2FY2026, HSS Holdings recorded revenue of RM25.7 million and GP of RM4.5 million. Revenue was lower as compared to the preceding quarter (“Q1FY2026”) of RM48.1 million, which benefited from stronger demand during the Chinese New Year and Hari Raya festive seasons, while Q2FY2026 reflected the seasonally lower demand typically experienced during the off-peak period.
The Group recorded a loss before tax (“LBT”) of RM2.4 million for Q2FY2026, compared to a profit before tax (“PBT”) of RM5.6 million in Q1FY2026. The performance was mainly affected by lower revenue during the off-peak period as well as the recognition of approximately RM2.9 million in one-off expenses arising from HSS Holdings’ listing on the ACE Market of Bursa Malaysia Securities Berhad on 23 June 2026. Excluding these one-off listing expenses, the Group would have recorded an adjusted PBT of approximately RM0.5 million for Q2FY2026.
For the six-month period ended 30 June 2026 (“1HFY2026”), the Group recorded revenue of RM73.8 million and gross profit (“GP”) of RM14.3 million.
Mr. Goh Chen Chang, Managing Director of HSS Holdings, commented,
“Our Q2FY2026 performance should be viewed in the context of the seasonal nature of our business, as the preceding quarter benefited from stronger demand during the Chinese New Year and Hari Raya festive periods. In addition, our reported result for the quarter was affected by one-off expenses associated with our listing.
Following our successful listing, our focus is now on executing the growth initiatives outlined in our prospectus. Part of our IPO proceeds will be channelled towards strengthening our manufacturing capabilities, including a new biscuit production line, improvements to our existing cookies production line, backend automation for selected production processes and a new automated cake production line.
These investments are expected to increase our production capacity, improve operational efficiency and broaden our product offerings.”
The outlook for Malaysia’s bakery products market remains positive. Based on the Independent Market Research Report disclosed in HSS Holdings’ prospectus, the market is projected to grow at a compound annual growth rate of 7.8% from 2026 to 2030, reaching approximately RM34.80 billion by 2030.
Mr. Goh added,
“The growing bakery products market presents opportunities for us to further strengthen our presence and capture a larger share of the market. Beyond capacity expansion, we will continue to focus on product innovation, market expansion, brand development and operational enhancements to strengthen our competitive position and support our Group’s long-term growth.”
For more information, visit https://www.hssfood.my/.
