PETALING JAYA: Yenher Holdings Bhd
’s joint venture (JV) with Bioloop Sdn Bhd to establish a black soldier fly (BSF) production facility is expected to generate an annual revenue of RM5mil to RM6mil, with an estimated net profit of between RM1.2mil and RM1.3mil in its first phase at full capacity, according to Hong Leong Investment Bank Research (HLIB Research).
This contribution represents around 4% to 4.4% of the research house’s projected financial year 2025 (FY25) net profit forecast.
