Kuala lumpur: Malayan Flour Mills Bhd reported a significant 28.4 per cent increase in net profit for the first quarter ended March 31, 2026. The company's earnings rose to RM42.5 million, up from RM33.1 million in the same quarter last year, demonstrating robust growth driven by improved operational performance in its core segments.

According to BERNAMA News Agency, despite the growth in net profit, the company experienced a decline in revenue, which fell to RM741.4 million from RM799.3 million in 1Q 2025. This decrease was attributed to lower selling prices, although it was partially offset by higher sales volumes in the flour and grain trading segment.

Executive Deputy Chairman cum Managing Director Teh Wee Chye expressed optimism over the company's strong start to the financial year ending December 31, 2026. He highlighted that both the flour and poultry businesses continued to perform well. The poultry segment, in particular, gained positive momentum, thanks to effective operational and marketing strategies targeting previously untapped markets.

Teh acknowledged the challenging and unpredictable global commodity landscape, but emphasized that navigating such market cycles has always been integral to the business. Over the years, Malayan Flour Mills has developed the operational experience and procurement discipline necessary to maintain business resilience amid volatility.

Looking ahead, Teh stated that the company remains committed to strengthening its core businesses, enhancing operational efficiencies, and positioning itself to capitalize on opportunities in its regional markets, all while playing a vital role as a regional food security player.