Farm Fresh ends FY25 on a high note with record 4Q earnings
FARM Fresh Bhd's net profit rose 15% year-on-year to RM27.65 million for the fourth quarter ended March 31, 2025, buoyed by strong demand for new products — including milk powder, chocolate drink powder, and consumer-packaged ice cream — and lower input costs.
Revenue climbed 21% to RM170.8 million.
For the full year, net profit surged 68% to RM106.4 million, driven by contributions from Inside Scoop and Sin Wah, both acquired in 2023.
Farm Fresh said its revenue increased 21% to RM981.18 million.
Its CEO Loi Tuan Ee said Farm Fresh is ramping up capacity at its Taiping plant to meet robust ice cream demand while awaiting completion of its Enstek facility in late 2025.
The Muadzam Shah farm is also being expanded to support higher milk output.
'With these developments and initiatives in place, we are confident in sustaining our growth trajectory and we look forward to a stronger year ahead,' Loi added. — TMR
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Malaysian Reserve
29-05-2025
- Malaysian Reserve
Farm Fresh ends FY25 on a high note with record 4Q earnings
FARM Fresh Bhd's net profit rose 15% year-on-year to RM27.65 million for the fourth quarter ended March 31, 2025, buoyed by strong demand for new products — including milk powder, chocolate drink powder, and consumer-packaged ice cream — and lower input costs. Revenue climbed 21% to RM170.8 million. For the full year, net profit surged 68% to RM106.4 million, driven by contributions from Inside Scoop and Sin Wah, both acquired in 2023. Farm Fresh said its revenue increased 21% to RM981.18 million. Its CEO Loi Tuan Ee said Farm Fresh is ramping up capacity at its Taiping plant to meet robust ice cream demand while awaiting completion of its Enstek facility in late 2025. The Muadzam Shah farm is also being expanded to support higher milk output. 'With these developments and initiatives in place, we are confident in sustaining our growth trajectory and we look forward to a stronger year ahead,' Loi added. — TMR
The Star
29-05-2025
- The Star
Expansion plans to drive sustainable growth for Farm Fresh
Farm Fresh Bhd group managing director and CEO Loi Tuan Ee KUALA LUMPUR: Armed with a stronger set of earnings and expansion plans, Farm Fresh Bhd group managing director and CEO Loi Tuan Ee expects the group to sustain its growth trajectory in the year ahead. 'We are pleased by what we have been able to achieve as a team in financial year 2025. "The hard work of each and every one has not gone unnoticed as we continued to push the boundaries of possibilities, demonstrating a sustainable upward growth trajectory in our earnings and profitability while ensuring that we continue our category and regional expansion, laying the foundation for sustainable growth as we progress into the year 2026," he said in a statement announcing the dairy firm's results for the recently concluded financial year 2025. In the fourth quarter ended March 31, 2025 (4QFY25), Farm Fresh posted a net profit of RM28.35mil, up from RM23.93mil in the year-ago quarter, translating to an earnings per share of 1.51 sen against 1.28 sen previously. The group reported revenue of RM243.73mil, compared to RM215.03mil in 4QFY24. Over the full financial year, Farm Fresh registered a net profit of RM106.4mil, a leap ahead of RM63.53mil in FY24. Revenue was also improved to RM981.18mil from RM810.41mil in the previous year. According to the group, the improved revenue was underpinned by sales contribution from new product launches coupled with higher commercial sales from UHT and the school milk programme, as well as full year sales contribution from Inside Scoop and Sin Wah. Meanwhile, the higher profitability was also attributed to lower costs due to lower dairy input costs, which significantly improved margins.
Barnama
27-05-2025
- Barnama
Farm Fresh STPM Bursary: 500 B40 Students To Receive RM100 Monthly
NIBONG TEBAL, May 27 (Bernama) -- A total of 500 Form Six students from B40 families will receive RM100 in monthly cash aid starting this month until December 2025 under the Farm Fresh Berhad STPM Student Bursary Programme. Education Minister Fadhlina Sidek said 500 students from 10 states in Peninsular Malaysia had been identified as the initial recipients of the programme. 'It is hoped that this initiative will help elevate the quality of education for these students, apart from inspiring and motivating them to succeed in life and pursue their studies to the highest level,' she told reporters after launching the programme at Sekolah Menengah Kebangsaan (SMK) Tun Syed Sheh Barakbah here today. Fadhlina also expressed appreciation to Farm Fresh for the initiative, describing it as a form of corporate social responsibility (CSR) that addresses the current needs of Form Six students. She said the Ministry of Education (MOE) hopes to see more corporate companies step forward to support the education ecosystem and elevate national education through similar programmes. She said the MOE remains committed to making Form Six one of the top choices for students pursuing studies after Sijil Pelajaran Malaysia (SPM) and the rebranding effort is part of a strategic move in line with the Malaysia Education Blueprint 2013-2025 to empower inclusive and competitive post-secondary pathways. To ensure continuity and equitable access to education, she said the government has also extended the Early Schooling Aid (BAP) to Form Six students starting this year, benefitting more than 100,000 students with a total allocation of RM15 million. Farm Fresh has been appointed as the school milk supplier for 10 states across five zones (Kelantan, Terengganu, Pahang, Perlis, Kedah, Penang, Perak, Selangor, Kuala Lumpur, and Putrajaya). In addition to the STPM bursary programme which will continue until 2029 with new recipients selected annually, Farm Fresh has also planned several CSR programmes as part of the spillover benefits from the school milk supply contract.
