{
  "id": 5281283,
  "title": "Oriental Kopi's FMCG gross margin strongest in four quarters – HLIB Research",
  "url": "https://urgent.news/2026/09/03/oriental-kopis-fmcg-gross-margin-strongest-in-four-quarters-hlib",
  "topic": "world",
  "section": "World",
  "published": "2026-09-03T08:14:08.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/09/1524973/oriental-kopis-fmcg-gross-margin-strongest-four-quarters-%E2%80%93-hlib"
  },
  "original_language": "en",
  "account": "Oriental Kopi Holdings Bhd reported a strong gross margin for its fast-moving consumer goods (FMCG) segment in Q3 FY26, with a 44.7 percent margin, the highest in four quarters. This 8.6 percentage point increase over the previous quarter, and well above the 42 percent average of the previous two quarters, indicates a strong performance for the FMCG business.\n\nWith a 44.7 percent gross margin compared to 21.5 percent for café chains, HLIB Research anticipates the FMCG segment's growth to be margin-accretive at the group level. The strong performance was primarily driven by the external business, with revenue rising 66.1 percent year-on-year. HLIB Research attributes this growth to successful collaborations with FamilyMart and Inside Scoop, as well as distribution opportunities through the Indonesian joint venture and a planned canned ready-to-drink coffee product.\n\nHowever, the same-store sales growth (SSSG) for Oriental Kopi has been slower in Q9FY26, mainly due to disruptions at top-performing outlets such as City Square Johor Baru, Kuala Lumpur International Airport, Pavilion KL, and KLCC. These outlets faced a decline in tourist arrivals due to the Iran War, causing a 0.5 percent growth across 15 outlets, compared to a 12.6 percent growth in the same period last year. HLIB Research does not expect a clear SSGG recovery in the near term, suggesting that Q1 FY27 will provide a clearer indication of the mature base.",
  "summary": "KUALA LUMPUR: Oriental Kopi Holdings Bhd’s gross margin for the fast-moving consumer goods (FMCG) segment in the third quarter ended June 30, 2026 (Q3 FY26) was the strongest in four quarters, said Hong Leong Investment Bank Bhd (HLIB Research).",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}