Farmiera reports RM167.20m revenue for Q1 FY26, declares maiden dividend of 0.50 sen

LocalBusiness & Finance
25 May 2026 • 7:26 PM MYT
The Sun Daily
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Image from: Farmiera reports RM167.20m revenue for Q1 FY26, declares maiden dividend of 0.50 sen

KUALA LUMPUR: Farmiera Bhd, a poultry producer and distributor, recorded revenue of RM167.20 million for Q1 ended Dec 31, 2026 (FY26), while profit before tax and profit after tax stood at RM4.49 million and RM3.07 million, respectively.

The commendable performance was supported by balanced contributions from both its poultry farming and poultry processing segments, which accounted for 52.14% and 47.86% of total revenue, respectively.

In line with its commitment to deliver sustainable returns to shareholders, the board has declared a maiden interim dividend of 0.5 sen per ordinary share for FY26, payable on June 15, 2026.

Managing director and CEO Hong How Seng said the group began 2026 with steady financial results and a maiden dividend to reward its shareholders.

“Following our listing on the ACE Market of Bursa Malaysia in November last year, we remain committed to strengthening our market position through upstream vertical integration to unlock higher margins and enhance operational efficiency.

“This strategy continues to progress well, as evidenced by the completion and commencement of operations at four of our parent stock farms, while the remaining two farms are expected to be completed by the second quarter and fourth quarter of 2026, respectively.

“In addition, our dedicated hatchery in Negeri Sembilan is targeted for completion in the fourth quarter of 2026.

“Upon completion, these facilities are expected to reduce our reliance on third-party suppliers for day-old chicks, while providing greater control over our supply chain to ensure consistency in quality and cost management amid a fluctuating operating environment.

“Looking ahead, we remain cautiously optimistic about our prospects, supported by ongoing government initiatives to strengthen food security, alongside the continued execution of our expansion plan,” he said.