Malayan Flour Mills Q2 earnings jump 53pct as key businesses strengthen
KUALA LUMPUR: Malayan Flour Mills Bhd's (MFM) net profit jumped 53 per cent in the second quarter ended June 30, 2026, driven by stronger contributions from its flour and poultry businesses.
Malayan Flour Mills Bhd (MFM) reported a significant 53% increase in net profit for the second quarter ended June 30, 2026, reaching RM42.9 million, up from RM28.1 million a year earlier. This growth was primarily driven by stronger contributions from its flour and poultry businesses, with revenue slipping marginally due to lower selling prices in line with weaker wheat prices.
The company's flour and grain trading segment in Malaysia and Vietnam, along with its aquafeed segment, saw a 21% rise in profit after tax, reaching RM37.1 million. Additionally, MFM's 30%-owned Indonesian flour joint venture, PT Bungasari Flour Mills, and its poultry integration business, Dindings Tyson Sdn Bhd, both showed substantial improvements, with profit after tax nearly quadrupling to RM17.1 million.
Executive deputy chairman and managing director Teh Wee Chye highlighted the strength of these segments, particularly the modern trade sales, as key drivers of the company's success.
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