- CEO
- Haw Yih Lee
- Full Time Employees
- 54
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- No. 7, Jalan TP7 Shah Alam SE Malaysia 40400
- IPO Date
- May 13, 2020
- Business
- Ritamix Global Limited is a Malaysia-based investment holding company principally engaged in the distribution of animal feed additives and human food ingredients, as well as the manufacturing of animal feed additives premixes. The company distributes over 300 branded products from more than 70 international suppliers, including amino acids, vitamin premixes, acidifiers, enzymes, organic antioxidants, and growth ingredients for poultry, swine, cattle, and aquaculture; it also manufactures and sells over 150 proprietary premix products, such as customized vitamin concentrates and mineral formulas. In addition, Ritamix Global provides feed nutrition formulations, veterinary consultation, and technical support services to feedmills, integrators, farms, and food and beverage industries. The company operates in Malaysia, Europe, North America, the rest of Asia, Australia, and internationally, with 52 employees and subsidiaries including Ritamix International Limited, Gladron Chemicals Sdn. Bhd., Kevon Sdn. Bhd., Ritamix (HK) Limited, and Ritamix Sdn. Bhd.; it is a subsidiary of Garry-Worth Investment Limited. Founded in 1982 and headquartered at No. 7, Jalan TP 7, UEP Industrial Park, 40400 Shah Alam, Selangor Darul Ehsan, Malaysia, the company listed on the Hong Kong Stock Exchange's GEM board in May 2020 under ticker 1936.HK. Recent developments include the launch of new products and expansion of offerings to existing customers, driving a 7.0% revenue increase in distribution to RM50.5 million for the six months ended June 30, 2025; higher demand and price adjustments for vitamin and mineral premixes boosted manufacturing gross profit margins to 29.7% from 26.6% in the prior period. The group recorded overall revenue of RM64.3 million and profit of RM5.2 million for H1 2025, up from prior periods, alongside plans to construct a new manufacturing plant and testing laboratory, with unutilized IPO proceeds earmarked for potential investments in animal feed additives or veterinary-related businesses by December 31, 2025; it also declared a special dividend of HK$0.11 per share in late 2024. In 2024, Ritamix Global announced an equity buyback program, repurchasing 5.238 million shares for HKD 3.53 million, while navigating a profit decline to no more than RM6.0 million for the full year amid market challenges.