Pan Malaysia Berhad recorded its Q1 FY25 revenue of RM56.5 million which is an increase of RM4.9 million compared to Q1 FY24, the group said this was mainly contributed by the Fast Food Chain segment due to successful limited-time offer products and aggressive delivery promotions.
However, the Group's continuing operations for Q1 FY25 reached a LBT of RM11.5 million, an increase of RM8.2 million compared to Q1 FY24. The loss it added was mainly due to net loss on foreign exchange and a one-off charge out of fair value reserve for an investment in unquoted shares. Besides that, the Fast Food Chain segment recorded a loss of RM1.8 million in Q1 FY25 compared to a loss of RM2.9 million in Q1 FY24. The Fast Food Chain segment's efforts to streamline its cost structure and introduce digital initiatives (such as 'Self-ordering Kiosks'), as well as the closure of 3 loss-making outlets, helped to optimise resources and improve operational efficiency.
The Group's revenue in Q1 FY25 decreased by 10.8% from RM63.4 million in Q4 FY24 to RM56.5 million, primarily driven by the Fast Food Chain segment.
As for outlook., despite the Fast Food Chain segment recording a LBT of RM1.8 million in Q1 FY25, which represents an improvement of RM4.3 million compared to the LBT of RM6.1 million in Q4 FY24. This result was achieved through the optimisation of business costs and the channeling of resources to operations that would provide long-term returns to the Group
To further enhance its market position, the Group's Fast Food Chain is executing a strategic expansion plan. The Group aims to
double its store count in Sabah to eight units by June 2025, achieving greater scale in Borneo. Moreover, the Group said it has embraced technology to enhance operational efficiency and improve the customer experience, including the adoption of 'Self Order Kiosks' and the 'A&W Ordering App
