Farm Fresh’s net profit grows to RM12.8mil in 2Q

PETALING JAYA: Farm Fresh Bhd sees the reduction in cost of dairy raw materials, in particular whole milk powder, as a contributing factor to the increase in its profitability.

For its second quarter ended Sept 30, 2023, Farm Fresh’s net profit rose to RM12.79mil from RM11.19mil in the previous corresponding period, while revenue grew to RM198.3mil from RM162.14mil.