Ritamix Global Limited
1936.HK
HKD0.610 -6.15%
Exchange: HKSE | Sector: Consumer Defensive | Industry: Agricultural Farm Products
Q1 2025
Published: Mar 31, 2025

Earnings Highlights

  • Revenue of $32.17M up 7.9% year-over-year
  • EPS of $0.01 increased by 16.7% from previous year
  • Gross margin of 21.9%
  • Net income of 2.60M
  • "N/A" - N/A

Ritamix Global Limited (1936.HK) QQ1 2025 Results — Revenue Growth with Margin Expansion in Malaysia’s Animal Feed Additives Market

Executive Summary

Ritamix Global Limited reported QQ1 2025 revenue of MYR 32.17 million, up 7.9% year over year and 2.3% quarter over quarter. Gross profit was MYR 7.04 million, yielding a gross margin of 21.88%, while net income reached MYR 2.60 million with earnings per share (EPS) of MYR 0.0056. EBITDA stood at MYR 3.00 million, with an EBITDA margin of 9.33% and an operating income margin of 7.86%. The quarter demonstrates meaningful top-line momentum accompanied by margin discipline, translating into a stronger bottom line versus the prior-year period and a robust QoQ improvement driven by operating leverage and cost control. The year‑on‑year improvement in operating income (YoY +50.22%) and net income (YoY +13.77%), alongside the notable QoQ acceleration in operating profit (QoQ +77.18%) and EPS (QoQ +43.59%), suggests the group is benefiting from a favorable product mix, pricing/timing of cost recoveries, and ongoing cost discipline. However, the company remains a relatively small player within its segment, with limited disclosed balance sheet and cash-flow detail in QQ1 2025. Investors should monitor input costs, currency dynamics (MYR exposure), and market demand in Malaysia, where the business operates, as key drivers of the intermediate-term performance. Given the absence of formal forward guidance in the provided data, the outlook relies on ongoing revenue momentum and earnings quality, tempered by industry cyclicality and raw-material cost volatility. The QQ1 performance sets a constructive baseline for 2025, but sustained earnings progression will depend on volume growth, mix, and the company’s ability to scale profitable operations.

Key Performance Indicators

Revenue

32.17M
QoQ: 2.30% | YoY:7.90%

Gross Profit

7.04M
21.88% margin
QoQ: 5.25% | YoY:13.64%

Operating Income

2.53M
QoQ: 77.18% | YoY:50.22%

Net Income

2.60M
QoQ: 40.64% | YoY:13.77%

EPS

0.01
QoQ: 43.59% | YoY:16.67%

Revenue Trend

Margin Analysis

Key Insights

Revenue: MYR 32,173,499, up 7.90% YoY and 2.30% QoQ. Gross Profit: MYR 7,040,500, up 13.64% YoY and 5.25% QoQ. Operating Income: MYR 2,527,499, up 50.22% YoY and 77.18% QoQ. Net Income: MYR 2,602,500, up 13.77% YoY and 40.64% QoQ. EPS: MYR 0.0056, up 16.67% YoY and 43.59% QoQ. Gross Margin: 21.88% (vs. prior year Q1 base). Operating Margin: 7.86%. EBITDA: MYR 3,001,000, with an EBITDA margin of 9.33%. Net Margin: 8.09%. Weighted avg shares (basic): 466.82 million; diluted: 466.76 million. ...

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 64.35 0.01 +104.6% View
Q1 2025 32.17 0.01 +7.9% View
Q4 2024 31.45 0.00 +7.2% View
Q3 2024 31.45 0.00 +7.2% View