PETALING JAYA: Decorative surface solutions provider Topmix Bhd’s net profit rose 14.8% to RM4.60 million in Q2’26 from RM4.01 million a year earlier, driven by higher sales volume and improved gross profit margins.
Revenue for the quarter ended June 30, 2026, increased 12.3% to RM28.55 million from RM25.42 million previously, according to the group’s unaudited interim financial report.
The stronger performance was primarily driven by higher sales of high pressure laminate (HPL) products, which contributed RM24.71 million, or 86.6% of total quarterly revenue. Sales of customised compact panels surged 179.6% year-on-year to RM1.04 million, while revenue from melamine-faced chipboard (MFC) and door panel products rose 44.7% to RM744,000.
Gross profit climbed 26.8% to RM13.12 million, supported by higher revenue, favourable foreign exchange movements, as well as operational efficiency and cost optimisation efforts.
For H1’26, Topmix’s net profit increased 13.4% to RM8.01 million from RM7.07 million in the corresponding period last year, while revenue grew 13.3% to RM53.83 million from RM47.49 million.
Managing director Teo Quek Siang said the group was pleased with another strong quarter, reflecting the resilience of its core business and strategic positioning.
“We continue to drive product innovation, led by our new colour core laminate edition, TOPCOR, which was launched in early August during the ARCHIDEX 2026 exhibition,” he said in a statement yesterday.
The group is also expanding its regional distribution network in Thailand, Singapore, the Philippines and Indonesia, while enhancing its myRuma renovation platform to provide homeowners with a one-stop renovation management solution.
The board declared a first single-tier dividend of 0.6 sen per ordinary share, amounting to RM2.4 million and representing a payout ratio of 29.5% of cumulative profit after tax and minority interest. The dividend will be paid on Oct 2, 2026.
Looking ahead, Topmix said it remains cautiously optimistic, supported by ongoing urbanisation, an active property market and growing demand for aesthetically driven interior spaces. The group will continue to strengthen its HPL offerings, expand its renovation platform and deepen its presence in overseas markets.