Latest news with #FarmFreshBhd
The Star
29-05-2025
- Business
- 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.
New Straits Times
27-05-2025
- New Straits Times
Melaka teacher relieved of teaching duties over alleged affair with married man
NIBONG TEBAL: A teacher in Melaka, who went viral for allegedly having an affair with a married man, has been relieved of her teaching duties. Education Minister Fadhlina Sidek said the teacher was still performing her duties as a public servant while investigations were ongoing. "We have taken steps to ensure the investigation proceeds smoothly. "The teacher is currently undergoing the investigation process, which means we are taking measures to prevent any interference. "As such, the teacher has been 'rested', meaning she has been removed from her school and placed elsewhere to allow the investigation to continue without disruption," she told reporters here today. Fadhlina was speaking after the launch of the Dermasiswa Sijil Tinggi Pelajaran Malaysia (STPM) programme, organised by Farm Fresh Bhd at SMK Tun Syed Sheh Barakbah. The controversy involving the teacher, who recently divorced, and the married man went viral after screenshots of their WhatsApp conversations were posted on social media. Videos showing the man's wife confronting the teacher also made the rounds online. Fadhlina stressed that the ministry takes issues relating to teachers' integrity, morals and ethics very seriously. "Whether the issue arises formally or goes viral, we take it seriously, and it is currently under investigation. "We are fully responsible for ensuring that our teachers uphold the standards of integrity and ethics set by the ministry. "Our assurance is that we remain committed to upholding the ethical standards and integrity of the teaching profession. We hope our educators are constantly reminded of this. "It is our responsibility to monitor their conduct, both within and outside school, as teachers carry the image of the profession and are regarded as role models in society," she added.
