PETALING JAYA: Yenher Holdings Bhd posted a net profit of RM6mil and revenue of RM67.2mil for its second quarter ended June 30, 2021.

       As the group was listed on July 15 on the Main Market, there are no comparative figures.

       The group is based in Seberang Prai Selatan, Penang and manufactures and distributes animal health and nutrition products, as well as provides value-added diagnostic and material analyses services. Its customers are mainly farmers, feed millers as well as livestock integrators operating in the poultry and swine subsectors.

       For the six months under review (H1 of FY21), net profit was RM10.93mil while revenue was RM126mil.

       Earnings per share stood at 4.64 sen for H1 of FY21. The group has declared a second single-tier interim dividend of 1.5 sen per share, with the ex-date on Sept 13, and payment date on Oct 6, 2021.

       Regarding its prospects for FY21, Yenher said there were no significant interruptions to its business and operations during government imposed movement restrictions as the group operates within the food supply chain and is deemed as an essential service.

       “Despite the uncertain economic scenario posed by the Covid-19 pandemic, the group is expected to achieve a satisfactory financial performance for FY21.”