PETALING JAYA: Malayan Flour Mills Bhd
’s (MFM) says that its net profit surged almost fivefold to RM35.8mil in the third quarter of this year (3Q25) compared with RM7.34mil a year earlier.
MFM said it achieved significant improvement in operating profit amounting to RM53.6mil in 3Q25 against RM36.6mil in 3Q24, which was mainly contributed by the flour and grain trading segment.
The group’s share of profit in equity accounted joint ventures in 3Q25 amounted to RM3mil compared with a share of loss of RM13mil in 3Q24.
Its quarterly revenue, however, fell 3.3% to RM773.1mil from RM799.2mil previously, mainly due to lower selling prices in the flour and grain trading segment despite higher sales volumes.
For the first nine months of this year, MFM posted a net profit of RM96.9mil, up 51.3% from RM64.1mil while revenue climbed 3.03% to RM2.37bil against RM2.3bil posted last year.
MFM noted that wheat and grain prices remain volatile, continuing to be affected by persistent macroeconomic and geopolitical uncertainty.
“The company will continue to monitor the impact of global supply and demand dynamics on commodity prices and adjust selling prices accordingly while also diversifying the sources of wheat, corn and soybean meal,” MFM said.
Additionally, it said the removal of chicken subsidies and ceiling prices is viewed as a positive development for producers once poultry supply and demand return to equilibrium.
“However, this equilibrium has been impacted by the weather, which impacts poultry output and import of poultry products from neighbouring countries.
“With the expected recovery in the demand and our synergistic partnership with Tyson International Holding Co, the company is optimistic of its outlook for this year and beyond,” it added.
