That chocolate layer cake at 7-Eleven? Itโ€™s a global export story. ๐Ÿซ๐ŸŒ
That chocolate layer cake at 7-Eleven? Itโ€™s a global export story. ๐Ÿซ๐ŸŒ Apollo Food Holdings has been baking in Johor Bahru since 1966, and nearly half of what they make never stays in Malaysia. ๐Ÿ‡ฒ๐Ÿ‡พโœˆ๏ธ ๐Ÿ“ Exported to 30+ countries ๐Ÿ“ Indonesia alone = ~70% of export sales ๐Ÿ“ Sales in USD, so a weaker ringgit helps, a stronger one hurts ๐Ÿ’ต The catch? Thin margins tied to cocoa and sugar. When cocoa spiked in 2024, profits got squeezed no matter how well the cakes sold. ๐Ÿซ๐Ÿ“ˆ Up against Nestlรฉ, Mondelez, Munchyโ€™s and Hwa Tai, Apollo stays a specialist: layer cakes and wafers, done consistently. And with Scoop Capital (the Baskin-Robbins Malaysia group) taking over in 2023, a new chapter begins. ๐Ÿ‘€ Not a flashy growth stock. Just a disciplined, export-driven business thatโ€™s never immune to what cocoa prices do next. ๐Ÿ‘‰ Follow for more everyday Malaysian stocks hiding in your shopping basket ๐Ÿ›’
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