Farmiera clocks RM3.48mil Q2 net profit
KUALA LUMPUR: Farmiera Bhd, a poultry producer and distributor, recorded a net profit of RM3.48 million for the second quarter ended June 30, 2026.
Farmiera Bhd, a poultry producer and distributor, reported a net profit of RM3.48 million for the second quarter ending June 30, 2026. The company generated RM164.17 million in revenue, with RM87.29 million (53.17%) coming from its poultry farming segment and RM76.88 million (46.83%) from poultry processing. During the six-month period, Farmiera achieved a net profit of RM6.55 million on revenue of RM331.36 million.
The company remains optimistic about the poultry industry's resilience, driven by consistent domestic consumption, as chicken remains a widely consumed and affordable protein source in Malaysia. Despite the overall contraction in the agriculture sector, primarily due to reduced oil palm production, the livestock sub-sector experienced positive growth, indicating ongoing demand for poultry products.
The operating environment continues to face challenges, including volatility in feed commodity prices, foreign exchange fluctuations, energy and logistics costs, and potential disruptions in global supply chains due to geopolitical factors. As corn and soybean meal are largely imported, fluctuations in commodity prices and exchange rates may continue to impact production costs and industry margins in the future.
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