Farm Fresh churns RM28mil 4Q profit


The group reported revenue of RM243.73mil, up from 4Q24’s RM215.03mil.

PETALING JAYA: Dairy company Farm Fresh Bhd has posted an increase in its net profit for the fourth quarter ended March 31, 2025 (4Q25), to RM28.35mil from RM23.93mil in the previous corresponding period, translating to an earnings per share of 1.51 sen compared to 1.28 sen previously.

The group reported revenue of RM243.73mil, up from 4Q24’s RM215.03mil.

In a filing with Bursa Malaysia, the company said the higher revenue was underpinned by positive sales contributions from the launch of new products, namely Farm Fresh Grow, Farm Fresh Choco Malt, Farm Fresh Full Cream Milk Powder, Farm Fresh Cream Hauz consumer-packaged goods (CPG) ice cream, and Farm Fresh Butter.

This was partly offset by a decrease in Australian revenue due to lower external sales from Goulburn Valley Creamery Pty Ltd.

The company’s gross profit margin increased from 30.4% to 31.8% in 4Q25, mainly attributable to increased sales of higher-margin products and lower costs of dairy raw materials.

Consequently, operating profit and profit before tax increased by RM4.7mil and RM4.6mil, respectively, primarily driven by the increase in gross margin.

“This was partially offset by higher administrative costs, including salary and depreciation costs with the addition of the CPG ice cream operations and increase of Inside Scoop outlets.”

Over the full financial year ended March 31, 2025 (FY25), Farm Fresh registered a net profit of RM106.4mil, a significant leap from RM63.53mil in FY24.

Revenue also improved to RM981.18mil from RM810.41mil in the previous year.

Farm Fresh said it has continued its upward trajectory by posting strong and improved results for 4Q25, culminating in a full financial year marked by high revenue and profitability growth.

The progress made in both category and regional expansion is expected to sustain momentum into FY26.

“We have seen strong demand for our CPG ice cream since the launch in August 2024.

“Consequently, we are expediting the expansion of capacity for ice cream production at our Taiping plant, while waiting for the Enstek plant to be completed towards end-2025.”

The company added that its choco malt powder, launched in July 2024, has gained traction aided by the introduction of a 35g sachet format, as well as 1kg and 2kg sizes for modern trade, mini markets and food service channels.

“Additionally, our full cream milk powder and butter have also hit the shelves with good reception from our consumers in October 2024 and February 2025, respectively, and cultured milk following suit in April 2025.”

On the farm side, Farm Fresh said its Muadzam Shah farm expansion, with an additional 500 acres of land leased from the Pahang state government, has commenced operations with the arrival of 1,300 dairy cows in May 2025.

“Upon full completion of the expansion, our total capacity in Muadzam Shah will double to 6,000 dairy cows,” it said.

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