Topmix Bhd is maintaining a cautiously optimistic outlook as demand for its high-pressure laminate and decorative surface products remains resilient — buoyed by steady renovation activity in both residential and commercial segments . CEO Teo Quek Siang explains that ongoing refurbishments—from new tenants revamping spaces to homeowners updating interiors—help create a consistent demand cycle, even amid economic slowdowns.
Topmix also anticipates a moderate lift in demand thanks to recent government support such as the RM 100 cash aid and temporary RON 95 fuel price cuts, which aim to ease the cost of living and encourage consumer spending .
Financially, the company’s Q1 2025 results show strong year-on-year performance: net profit more than doubled to RM 3.09 million, and revenue climbed 14% to RM 22.07 million, propelled by robust sales of HPL, PVC plywood, and melamine-faced chipboard. However, compared to Q4 2024, revenue dropped 19% and net profit fell 27%, influenced by a seasonal slowdown in renovation activities during festive periods Read the full article on The Sun Malaysia » : https://thesun.my/business-news/topmix-expects-resilient-demand-for-its-decorative-surface-products-on-steady-renovation-activity-AG14650440
