QL Resources 2Q net profit falls to RM116.23mil


KUALA LUMPUR: QL Resources Bhd posted a lower net profit of RM116.23 million for the second quarter of the financial year 2026, ended Sept 30, 2025 (2Q FY2026), down from RM128.28 million.

Revenue eased to RM1.73 billion for the quarter, compared with RM1.87 billion previously, mainly due to substantially lower fishmeal sales volumes following poor overall fish landings and depressed international fishmeal prices.

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