QL counters costly inputs with price adjustments

FamilyMart will remain its pillar of growth and it is also transforming from the palm oil business to focus more on clean energy, said TA Research in a report yesterday

PETALING JAYA: QL Resources Bhd plans to carry out price adjustments to mitigate the impact of higher input costs for better margin improvement in the coming quarter.

The company expects stronger demand for its surimi-based products from its marine product management (MPM) segment in the first quarter of financial year 2023 (1Q23) due to supply interruptions from India, Vietnam and Russia.