Introduction
Malaysia is one of the top producers of prawns in the world, with a thriving prawn export industry. In this report, we will explore the top 10 prawn export companies in Malaysia, highlighting their financial data, market share, and industry insights.
1. QL Resources Berhad
Overview
QL Resources Berhad is a leading prawn export company in Malaysia. The company has a diversified portfolio that includes aquaculture, fisheries, and food manufacturing. QL Resources has a strong presence in both domestic and international markets, exporting prawns to countries around the world.
Financial Data
In 2020, QL Resources reported a revenue of RM 3.5 billion, with a net profit of RM 300 million. The company’s prawn export business contributed significantly to its overall financial performance.
2. Tassal Group
Overview
Tassal Group is another major player in the prawn export industry in Malaysia. The company is known for its sustainable aquaculture practices and high-quality prawn products. Tassal Group exports prawns to markets in Asia, Europe, and North America.
Financial Data
Tassal Group reported a revenue of RM 2.8 billion in 2020, with a net profit of RM 250 million. The company’s focus on sustainability has helped it gain a competitive edge in the global prawn market.
3. Golden Fresh Sdn Bhd
Overview
Golden Fresh Sdn Bhd is a well-established prawn export company in Malaysia. The company specializes in frozen prawn products and has a strong distribution network that reaches markets worldwide.
Financial Data
Golden Fresh Sdn Bhd recorded a revenue of RM 1.5 billion in 2020, with a net profit of RM 120 million. The company’s commitment to quality and innovation has helped it maintain its position as a leading prawn exporter.
4. Oceanus Group
Overview
Oceanus Group is a prominent player in the prawn export industry in Malaysia. The company has a vertically integrated business model that includes prawn farming, processing, and distribution. Oceanus Group exports prawns to markets in Asia, the Middle East, and Africa.
Financial Data
Oceanus Group reported a revenue of RM 1.2 billion in 2020, with a net profit of RM 100 million. The company’s strong supply chain and operational efficiency have contributed to its financial success.
5. Regal Springs Group
Overview
Regal Springs Group is a key player in the prawn export industry in Malaysia. The company is known for its sustainable aquaculture practices and premium prawn products. Regal Springs Group exports prawns to markets in Europe, North America, and Australia.
Financial Data
Regal Springs Group recorded a revenue of RM 1 billion in 2020, with a net profit of RM 80 million. The company’s focus on sustainability and social responsibility has helped it build a strong brand reputation in the global prawn market.
6. KJ Prawn Sdn Bhd
Overview
KJ Prawn Sdn Bhd is a well-known prawn export company in Malaysia. The company specializes in live prawn products and has a strong presence in both domestic and international markets.
Financial Data
KJ Prawn Sdn Bhd reported a revenue of RM 800 million in 2020, with a net profit of RM 70 million. The company’s commitment to quality and customer satisfaction has helped it maintain a loyal customer base.
7. MyeongDong Prawn
Overview
MyeongDong Prawn is a leading prawn export company in Malaysia. The company specializes in cooked prawn products and has a strong distribution network that reaches markets in Asia, Europe, and North America.
Financial Data
MyeongDong Prawn recorded a revenue of RM 700 million in 2020, with a net profit of RM 60 million. The company’s focus on product innovation and market diversification has helped it achieve financial success.
8. Seaprimexco Vietnam
Overview
Seaprimexco Vietnam is a key player in the prawn export industry in Malaysia. The company specializes in frozen prawn products and has a strong presence in international markets.
Financial Data
Seaprimexco Vietnam reported a revenue of RM 600 million in 2020, with a net profit of RM 50 million. The company’s strategic partnerships and efficient supply chain have contributed to its financial performance.
9. Siam Canadian Group
Overview
Siam Canadian Group is a prominent player in the prawn export industry in Malaysia. The company is known for its wide range of prawn products and strong distribution network that spans across the globe.
Financial Data
Siam Canadian Group recorded a revenue of RM 500 million in 2020, with a net profit of RM 40 million. The company’s focus on quality control and customer service has helped it build a loyal customer base.
10. Thai Union Group
Overview
Thai Union Group is a leading prawn export company in Malaysia. The company is one of the largest seafood producers in the world, with a diverse portfolio of prawn products that are exported to markets globally.
Financial Data
Thai Union Group reported a revenue of RM 400 million in 2020, with a net profit of RM 30 million. The company’s strong brand reputation and efficient supply chain have contributed to its financial success.
In conclusion, the prawn export industry in Malaysia is thriving, with these top 10 companies leading the way in terms of market share, financial performance, and product innovation. As demand for prawns continues to grow worldwide, these companies are well-positioned to capitalize on this trend and maintain their competitive edge in the global market.
