Regional expansion leads the way for Farm Fresh

TA Research maintained a “buy’’ recommendation on Farm Fresh given its merit as Malaysia’s leading integrated dairy group with recognised brands built on distinct fresh milk propositions, and operating an extensive multi-channel network for optimal market penetration.

PETALING JAYA: Farm Fresh Bhd’s near term earnings is expected to be supported by top-line growth that is driven by improvement in average selling price after the price hike in ready-to-drink (RTD) milk.

The group’s growth will also be supported by higher production volume led by aggressive plant capacity expansion.