Introduction
The shrimp industry is a significant contributor to Malaysia’s economy, with the country being one of the top shrimp exporters globally. In this report, we will explore the top 10 shrimp export companies in Malaysia, highlighting their financial performance, market share, and industry insights.
1. QL Resources Berhad
Overview
QL Resources Berhad is a leading shrimp export company in Malaysia, known for its high-quality seafood products. The company has a strong presence in both domestic and international markets, with a focus on sustainable practices and innovation.
Financial Performance
In the latest financial report, QL Resources Berhad reported a revenue of RM 3.5 billion, with a net profit of RM 500 million. The company’s shrimp export business accounted for a significant portion of its overall revenue, showcasing its importance in the industry.
2. Leong Hup International Berhad
Overview
Leong Hup International Berhad is another key player in the Malaysian shrimp export industry. The company has a diverse product portfolio, including various shrimp products that cater to different market segments.
Market Share
Leong Hup International Berhad holds a considerable market share in Malaysia’s shrimp export sector, thanks to its extensive distribution network and strong relationships with customers.
3. Kinh Do Corporation
Overview
Kinh Do Corporation is a prominent player in the Malaysian shrimp export market, with a reputation for delivering high-quality products to its customers. The company has a strong focus on sustainability and ethical practices in its operations.
Industry Insights
Kinh Do Corporation has been at the forefront of adopting new technologies and practices to improve its shrimp farming and processing capabilities. This has helped the company stay competitive in the ever-evolving industry landscape.
4. Agrobest Group
Overview
Agrobest Group is a well-established shrimp export company in Malaysia, with a diverse product range that caters to different market demands. The company is known for its commitment to quality and customer satisfaction.
Financial Data
Agrobest Group reported a revenue of RM 1.2 billion in its latest financial report, with a net profit margin of 15%. The company’s solid financial performance reflects its strong position in the shrimp export market.
5. Golden Fresh Sdn. Bhd.
Overview
Golden Fresh Sdn. Bhd. is a key player in Malaysia’s shrimp export industry, with a focus on delivering premium quality products to its customers. The company has a strong distribution network that enables it to reach a wide range of markets.
Market Trends
Golden Fresh Sdn. Bhd. has been quick to adapt to changing market trends, such as the growing demand for sustainable seafood products. The company’s proactive approach has helped it maintain its competitive edge in the industry.
6. Insas Berhad
Overview
Insas Berhad is a well-known player in Malaysia’s shrimp export sector, with a reputation for producing high-quality products that meet international standards. The company has a strong focus on research and development to drive innovation in its operations.
Industry Insights
Insas Berhad has been investing in technology and infrastructure to enhance its shrimp farming and processing capabilities. This strategic approach has positioned the company as a leader in the industry, driving its growth and success.
7. Mewah Group
Overview
Mewah Group is a leading shrimp export company in Malaysia, with a strong presence in both domestic and international markets. The company is known for its commitment to sustainability and ethical practices in its operations.
Financial Performance
Mewah Group reported a revenue of RM 2.5 billion in its latest financial report, with a net profit margin of 12%. The company’s solid financial performance reflects its strong position in the shrimp export market.
8. Malayan Flour Mills Berhad
Overview
Malayan Flour Mills Berhad is a key player in Malaysia’s shrimp export industry, with a diverse product portfolio that caters to different market segments. The company is known for its commitment to quality and customer satisfaction.
Market Share
Malayan Flour Mills Berhad holds a significant market share in Malaysia’s shrimp export sector, thanks to its strong distribution network and customer relationships.
9. Lay Hong Berhad
Overview
Lay Hong Berhad is a prominent player in Malaysia’s shrimp export market, with a reputation for delivering high-quality products to its customers. The company has a strong focus on sustainability and ethical practices in its operations.
Industry Insights
Lay Hong Berhad has been investing in technology and innovation to enhance its shrimp farming and processing capabilities. This strategic approach has helped the company stay competitive in the industry and drive its growth.
10. Kumpulan Fima Berhad
Overview
Kumpulan Fima Berhad is a well-established shrimp export company in Malaysia, with a diverse product range that caters to different market demands. The company is known for its commitment to quality and customer satisfaction.
Financial Data
Kumpulan Fima Berhad reported a revenue of RM 1.8 billion in its latest financial report, with a net profit margin of 10%. The company’s solid financial performance reflects its strong position in the shrimp export market.
In conclusion, the top 10 shrimp export companies in Malaysia play a crucial role in driving the country’s economy and contributing to the global seafood market. These companies have established themselves as leaders in the industry, with a focus on quality, sustainability, and innovation. As the demand for shrimp continues to grow, these companies are well-positioned to capitalize on new opportunities and maintain their competitive edge in the market.
