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Teamstar Berhad (TEAMSTR) looks interesting with its expansion plans. The company is targeting 10 new outlets by 2028, including Sabah and Sarawak. Its Q2 net profit also rebounded to RM3.5mil from RM0.5mil in Q1. With a stronger ringgit potentially lowering import costs and renovation demand supporting sales, there could be more room for growth if execution stays on track
In 2QFY2026, the Group recorded gross profit of RM13.5 million, an increase of 17.4% from RM11.5 million in 1QFY2026, while gross profit margin strengthened to 36.7% from 34.7% in 1QFY2026. The improved margin was mainly supported by stronger contributions from inhouse brand sales and the coatings and solvents division