The company will invest more than US$25 million in Vietnam and Malaysia as it raises flour production capacity and improves plant operations.
The company grows its food ingredients portfolio while gaining recognition for its use of artificial intelligence across the food system.
Quarterly revenue increased 7.2% supported by higher sales volumes in the flour and grain trading (FGT) segment .
The newly integrated headquarters and technical centre bring Malaysia offices and laboratory facilities together under one roof to better serve customers across Food & Nutrition, Beauty & Personal Care, and Home Care I&I business groups.
The flour and grain trading business was the main driver of earnings, contributing US$10.84 million in operating profit.