LATEST NEWS   GSF 2.0: Diplomatic efforts are now underway, involving regional countries and Turkiye, to secure the activists' release - SNCC DG | All GSF 2.0 activists were taken from their respective ships at gunpoint - SNCC DG | GSF 2.0: All 50 vessels carrying 428 activists from 40 nations were unlawfully intercepted by the Zionist Israeli regime in international waters - SNCC DG | Over two million vehicles are expected to use the PLUS network starting Friday, as the back-to-back holidays begin - PLUS | Exports grew 36.9 per cent y-o-y to RM182.74 billion in April 2026, while imports expanded by 20 per cent to RM153.99 billion, giving a trade surplus of RMRM28.75 billion - MATRADE  | 
BUSINESS • 19/05/2026 09:22 PM

Malayan Flour Mills 1Q Net Profit Rises 28.4 Pct To RM42.5 Mln

KUALA LUMPUR, May 19 (Bernama) -- Malayan Flour Mills Bhd reported a 28.4 per cent increase in net profit for the first quarter ended March 31, 2026 (1Q 2026), with earnings rising to RM42.5 million compared to RM33.1 million in the same quarter last year.

This growth was supported by improved operational performance in both of the company’s core segments, said the staple foods producer in a Bursa Malaysia filing today.

Revenue declined to RM741.4 million from RM799.3 million in 1Q 2025, mainly due to lower selling prices, partially offset by higher sales volume from the flour and grain trading segment.

For the three months ending March 31, 2026, Malayan Flour Mills reported a net profit of RM42.5 million, up from RM33.1 million a year earlier, while revenue decreased to RM741.4 million from RM799.3 million.

Executive deputy chairman cum managing director Teh Wee Chye said the group is encouraged by its strong start to the financial year ending Dec 31, 2026 (FY2026), with both its flour and poultry businesses continuing to deliver healthy performance.

“The poultry segment, in particular, continued to gain positive momentum during the quarter, reflecting the effectiveness of our operational and marketing strategies to target the previously untapped markets.

“Although the global commodity landscape remains challenging and unpredictable, managing through such market cycles has always been part of our business,” he said in a statement.

Over the years, Teh said Malayan Flour Mills has built the operational experience and procurement discipline necessary to navigate volatility while maintaining business resilience.

Moving forward, he said the company remains focused on strengthening its core businesses in its role as a regional food security player, improving operational efficiencies and positioning the group to capitalise on opportunities across its markets.

-- BERNAMA

 

 

More News

Categories

Tags