The flour and grain trading business was the main driver of earnings, contributing US$10.84 million in operating profit.
The replanting rate dropped further to 2% last year, prompting concerns about long-term sustainability.
The acquisition will be carried out by CAB’s unit, CAB Cakaran Sdn Bhd which operates over 100 broiler and breeder farms across Peninsular Malaysia.
This report breaks down the significant factors influencing price movements and highlights actionable strategies within the market’s volatility.
To bolster its operations, Malayan Flour Mills has earmarked US$ 45.5 million in capital expenditure for the financial year ending December 31, 2025.