6 days ago
- Business
- New Straits Times
Malayan Flour Mills boosts milling capacity by 33pct with new production line
KUALA LUMPUR: Malayan Flour Mills Bhd has commissioned a new flour milling line at its Lumut facility in Perak, boosting its domestic production capacity by 33 per cent to 2,400 tonnes per day.
The RM31.5 million investment is aimed at meeting rising consumer demand for flour-based products and strengthening food security in Malaysia, the company said in a statement today.
"We saw a rising and sustainable demand for flour in Malaysia in recent years as our growing population looks to flour as a carbohydrate alternative," said executive deputy chairman and managing director Teh Wee Chye.
He said the expansion would not only increase output but also improve operational efficiency and cost-effectiveness.
"The launch of our new milling line in Lumut is timely to tap into these growing opportunities," he added.
The new line features automated systems designed to reduce energy use and waste. It brings the group's total domestic capacity to 2,400 tonnes per day across its Lumut and Pasir Gudang plants.
The group's flour and grain trading segment recorded strong performance in the 2024 financial year, with adjusted profit after tax rising 83 per cent to RM126.1 million on stable revenue of RM3.1 billion. Sales tonnage grew by 23.5 per cent.
"With the expansion, we are well-positioned to explore further growth opportunities, including new product development and market penetration," Teh said.
