PETALING JAYA: CGS International Research (CGSI Research) expects QL Resources Bhd
’s potential expansion into adjacent verticals could possibly bolster further growth for the agro-based group moving forward.
Following a recent analysts’ call with the QL Resources’ management, the research house said “apart from expanding its product range in the proteins business, which we assume encompasses its ongoing ventures in broiler chickens and aquaculture, the group’s management alluded to the need to have better control over the supply chain of its products, potentially expanding its retail reach outside of convenience stores.
