• Established: 1958, Johor, Malaysia

• Industry: Food manufacturing (biscuits)

• Core Products: Cream crackers, assorted biscuits

• Export Reach: Products sold in 20+ countries across Asia, Middle East & Africa

• Stock Exchange: Listed on Bursa Malaysia under Consumer Products

• Brand Legacy: Over 60 years of biscuit-making heritage and consumer trust

• Innovation: Combines traditional recipes with modern manufacturing technology

• Sustainability Focus:

  • Invests in eco-friendly packaging and energy-efficient operations

  • Supports local sourcing to reduce carbon footprint

• Recognition:

  • Multiple local and regional food industry awards for quality and taste

  • Recognized as a top Malaysian heritage food brand

• Revenue Recovery:

  • After a dip in 2021, revenue rebounded strongly in 2023 with a 12.3% growth.

• Profitability:

  • Net profit surged by 72.9%, rising from RM26.1 million (2022) to RM45.1 million (2023).

• Shareholder Value:

  • Both Return on Equity (ROE) and Earnings Per Share (EPS) improved in 2023, indicating enhanced value for shareholders.

• Dividend Policy:

  • Maintained a strong dividend payout, averaging over 95% over the past five years, reflecting a committed return policy.

• Founded: 1962, Selangor, Malaysia

• Industry: Food production – specializing in snacks and biscuits

• Key Brands: Hwa Tai and Luxury

• Main Products: Cookies, cream biscuits, crackers

• Market Reach:

  • Active in both domestic and export markets

  • Strong focus on Asia-Pacific region

• Brand Presence:

  • "Luxury" is one of Malaysia’s well-known household biscuit brands

  • Long-standing reputation for consistent taste and affordability

• Innovation:

  • Introduced modern baking technologies to enhance product quality

  • Regularly develops new flavors to meet changing consumer preferences

• Halal Certified:

  • Products certified Halal, suitable for Muslim consumers locally and internationally

• Revenue Trend:

  • Revenue ranged between RM60 million and RM80 million, showing only modest fluctuations without a clear upward trend.

  • In 2023, revenue reached RM80.8 million, the highest in five years, marking a 5.9% increase compared to 2022.

• Profitability:

  • The company has struggled to generate consistent profits over the past five years.

  • Earnings Per Share (EPS) have remained consistently negative, reflecting ongoing losses for shareholders and limited returns on investment.

Hwai Tai shows serious financial distress with negative profitability, escalating debt, and inability to cover interest expenses, making it a high-risk investment to avoid.