Egg subsidy to mitigate high farming costs

TheStar Thu, Nov 30, 2023 12:00am - 5 months View Original


QL Resources expects its “satisfactory” business performance to continue in the upcoming quarter.

PETALING JAYA: The government’s egg subsidy will help to mitigate high farming costs, says a “cautiously positive” QL Resources Bhd.

The agri-food player, whose net profit rose nearly 31% in the latest second quarter ended Sept 30 (2Q24), expects its “satisfactory” business performance to continue in the upcoming quarter.

This is despite the high interest rate environment and uncertain global economy outlook.

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