JOHOR BAHRU: Topmix Bhd, a leading decorative surface solutions provider in Malaysia, saw its revenue grow by 14.5% year-on-year (YoY) to RM25.3 million for Q1 ended Dec 31, 2026 (FY26), up from RM22.1 million in the same quarter last year.
This growth was anchored by sustained demand for its high-pressure laminate (HPL) products, which recorded 12.9% revenue growth to RM22.6 million, accounting for 89.4% of total revenue.
The higher demand for HPL products was further aided by the impact of its newly launched catalogue in July 2025.
The melamine-faced chipboard (MFC) segment’s revenue, in turn, doubled to RM1.0 million, driven by deeper market penetration and growing product adoption.
Backed by higher volume contribution and a favourable product mix, the group’s gross profit expanded 28.9% YoY to RM11.5 million from RM8.9 million in the prior year.
Consequently, profit after tax and minority interest (PATAMI) rose 11.5% to RM3.4 million.
In a significant milestone, Topmix has formalised a dividend policy as part of its ongoing commitment to enhance shareholder value.
The group pledges to distribute at least 20% of its consolidated normalised PATAMI annually, with immediate effect.
Managing director Teo Quek Siang said the group delivered double-digit growth despite a higher base effect for its HPL segment.
“Building on the HPL products’ revenue growth of 8% in 2025 and this quarter’s 13%, we are hopeful that our new catalogue will further widen our reach, boost product awareness, and drive higher sales.
“Beyond our strong roots in Malaysia, we are witnessing broader adoption of our products across Southeast Asia, including successful market penetration into Thailand, Singapore, the Philippines and Indonesia.
“This achievement is a testament to our robust marketing strategies and the dedication of our entire team. Moving forward, we remain focused on solidifying our position as a renowned brand owner.
“The implementation of our maiden dividend policy is our commitment to reward shareholders for their continued trust and support.
“Looking ahead, Topmix’s growth strategies include expanding its product portfolio, particularly its value-added handleless door panels, while continuing to strengthen the market presence of its MFC products.
“Vertically, the group plans to establish an end-to-end renovation on the platform to provide comprehensive renovation solutions and ensure long-term business sustainability.
“Topmix will also continue to expand its footprint prudently across Southeast Asia while strategically navigating ongoing macroeconomic uncertainties,” he added.
