Jatcorp has reported a significant increase in sales for the fourth quarter, mainly thanks to the record results of its Moroka brand during the 618 Shopping Festival in China.
Revenue at the health and wellness consumer goods company reached $11.5 million in the quarter ended June 30, up 76 per cent from the third quarter.
Management attributed the increase to strong Moroka sales in China and the sale of previously returned Neurio inventory in Australia.
Moroka, which sells supplementary, plant-based, and dairy food products, delivered a record-breaking performance during the 618 Shopping Festival in the Chinese market. The brand posted GMV of $2.1 million in May and $1.8 million in June, representing over 150 per cent year-on-year growth.
The company’s partnership with H&S International also helped Moroka’s sales double to more than $8 million during the fiscal year.
On the bottom line, fourth-quarter gross profit was $3.8 million, up 31 per cent from the third quarter, while net operating cash flow more than doubled to $650,000.
During the period, the company continued to invest in its Australian Natural Milk Association (ANMA) manufacturing facility in terms of production technologies and new original equipment manufacturer (OEM) clients. Its participation in FHA Singapore has also opened doors to new potential distribution partners in Southeast Asia.
For FY26, the company is targeting further growth at Moroka, new product development, and expansion of the capabilities of its ANMA facility.
“With the rise in consumer recognition of the Moroka brand, a modernised product portfolio, and stronger OEM infrastructure, we believe Jatcorp is well placed to drive long-term growth and shareholder value,” said CEO Sunny Jian Xin Liang.
