Home / Information Technology / Malayan flour’s FY18 profit falls on poultry segment performance

Malayan flour’s FY18 profit falls on poultry segment performance

KUALA LUMPUR, Malayan Flour Mills Bhd’s (MFM) profit for the financial year ending Dec 31, 2018 (FY18) was dragged down by an operating loss incurred by the poultry integration business and share of loss from a joint venture.

The flour milling and poultry farming group saw its net profit fall to RM17.78 million from RM68.57 million posted in FY17 despite recording 0.9 per cent higher revenue of RM2.42 billion.

In a filing with Bursa Malaysia today, MFM said the poultry integration segment incurred an operating loss of RM0.9 million in FY18 compared with an operating profit of RM37.1 million in the previous year.

Source: BERNAMA News Agency

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Home / Information Technology / Malayan flour’s FY18 profit falls on poultry segment performance

Malayan flour’s FY18 profit falls on poultry segment performance

KUALA LUMPUR, Malayan Flour Mills Bhd’s (MFM) profit for the financial year ending Dec 31, 2018 (FY18) was dragged down by an operating loss incurred by the poultry integration business and share of loss from a joint venture.

The flour milling and poultry farming group saw its net profit fall to RM17.78 million from RM68.57 million posted in FY17 despite recording 0.9 per cent higher revenue of RM2.42 billion.

In a filing with Bursa Malaysia today, MFM said the poultry integration segment incurred an operating loss of RM0.9 million in FY18 compared with an operating profit of RM37.1 million in the previous year.

Source: BERNAMA News Agency

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PUTRAJAYA, The Sultan of Brunei, Sultan Hassanal Bolkiah, will be undertaking a working visit to Malaysia from this Monday till Wednesday.He will arrive in conjunction with the 22nd Malaysia-Negara Brunei Darussalam Annual Leaders' Consultation, and wi...