Lower cost cheer for Farm Fresh earnings

CGS-CIMB Research said FFB’s earnings appear to have troughed and bottomed out in the fourth quarter of the financial year 2023.

PETALING JAYA: Increased selling prices and lower raw material costs are expected to improve Farm Fresh Bhd’s (FFB) earnings sequentially, going forward.

Following the integrated dairy company’s presentation at the CGS-CIMB Consumer Conference 2023, CGS-CIMB Research said FFB’s earnings appear to have troughed and bottomed out in the fourth quarter of the financial year 2023 (4Q23).