Farm Fresh 2Q net profit surges to RM26.2mil

Quick Summary:

PETALING JAYA: Farm Fresh Bhd’s net profit for the second quarter ended Sept 30, 2024 (2Q25) more than doubled year-on-year to RM26.2mil, underpinned by lower cost of dairy raw materials and contributions from Inside Scoop and Sin Wah.

Farm Fresh declared an interim dividend of one sen per share, with an ex-date of Dec 12, payable on Dec 27.

Going forward, the group expects to continue its growth trajectory with several positive developments consisting of both category expansion of our products and regional expansion.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaAustraliaPhilippines

Topics: Milk /Business/Business News Farm Fresh Corporate News Dairy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 15:53:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 423 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © The Star

News ID: 23915161

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