KUALA LUMPUR (Sept 15): Butterfield FB Bhd (KL:BFIELD) is looking to expand its product range from premixed powders to liquid beverages as it focuses on moving forward after a subdued ACE Market debut. 

Speaking to reporters after its listing ceremony on Tuesday, Butterfield executive director and chief executive officer Lee Mong Khai said liquid beverages, specifically coffee, was a potential new category for the group, targeting younger consumers.

“In the future, actually, it can exist in liquid form, liquid coffee, which has the potential to be the new young generation's preference due to the convenience,” said Lee.

One of the main reasons Butterfield FB sought to list on the ACE Market was to capture the trend of matcha beverages among younger consumers, said deputy chairman Yeap Kim Siew at the listing ceremony. 

Butterfield offers a range of tea, coffee and matcha premixed powder blends. 

The company is also confident in managing potential supply chain disruptions caused by the conflict in West Asia, with Lee saying that Butterfield has a diversified supplier base and delivery model. 

He added that the group's was prepared for shocks in commodity markets as it had a 20-year record of working  with suppliers across different regions, combined with mid-term contracts with customers. 

“We are always able to minimise the impact of the sudden increase or downturn of the prices in the commodity markets," said Lee. 

The group has integrated manufacturing facilities in Malaysia and warehouse and storage facilities in Thailand to support regional distribution. 

It has expanded its customer reach to more than eight countries and built a network of 72 local and overseas suppliers.

For the three months ended July 31, 2026 (1QFY2026), Butterfield posted a net profit of RM6.47 million on revenue of RM69.7 million, with nearly 79% derived from the manufacturing of coffee and tea extract powder blends.

Asked about the stock’s subdued debut, Lee said share price movements are influenced by factors beyond the group's control, and that the priority is execution moving forward. 

"Our priority now is to execute what has been listed in the prospectus. We will work very closely and dedicatedly to achieve what we have listed in the prospectus. 

"And I believe that evaluation will follow execution and delivery of our results will be important in creating sustainable values for the shareholders over time,” Lee said. 

Butterfield FB opened to subdued investor interest at 43 sen compared to its initial public offering price of 48 sen.

At time of writing on Tuesday, the stock was trading lower by 5.5 sen, or 11.5%, at 42.5 sen with about 36.87 million shares changing hands. This last price values the company at RM340 million. 

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