KUALA LUMPUR (Nov 26): Malaysia’s largest dairy producer Farm Fresh Bhd (KL:FFB) charted new record-high earnings in the second quarter and remained upbeat as expansion plans continue to churn sales growth.

Net profit for the three months ended Sept 30, 2025 (2QFY2026) rose to RM36.66 million — the highest on record since its listing in March 2022 — up 40% from RM26.18 million a year earlier, according to the dairy company’s bourse filing on Wednesday.

The strong earnings growth was fuelled by higher sales domestically and in its new markets of Cambodia and the Philippines. Sales momentum was also backed by new product launches, but offset by lower external sales from its Australian operations via Goulburn Valley Creamery Pty Ltd.

Its bottom line was also propped by a RM1.9 million one-off gain from the disposal of Australia farm assets classified as held for sale, it noted.

Revenue for the quarter climbed 18.4% to RM294.94 million from RM249.16 million a year earlier.

No dividend was recommended for the quarter.

For the six months ended Sept 30, 2025 (6MFY2025), Farm Fresh’s net profit climbed 33.1% to RM69.47 million from RM52.18 million in the same period a year earlier, as revenue rose 13.2% to RM555.51 million from RM490.86 million.

Shares in Farm Fresh ended four sen or 1.57% higher at RM2.59 on Wednesday, valuing the group at RM4.87 billion.