QL Resources net profit jumps almost 21%

KUALA LUMPUR: QL Resources Bhd's net profit widened for the fourth quarter ended March 31, 2015 to RM46.69mil, an increase of almost 21%, from RM38.61mil a year ago due to higher sales from Marine Product Manufacturing (MPM) and Integrated Livestock Farming (ILF) segments.  

Its revenue was up 9% to RM661.588mil compared to RM606.87mil a year ago due to higher contribution from Indonesia fishery and fishmeal operations as well as higher volume of feed raw materials traded and higher farm produced prices.