QL Resources Berhad is a multinational agro-food corporation which is primarily involved in three core businesses: integrated livestock farming, marine products manufacturing, and palm oil activities. As I write, the company is worth RM11.2 billion in market capitalization, making it one of the most notable homegrown success stories in Malaysia.
In this article, I’ll bring an update on QL’s financial results, its plans for growth, and introduce a few valuation metrics to assess its current stock price. Here are 13 things you need to know about QL Resources before you invest.
1. QL’s marine products manufacturing division includes deep-sea fishing, aquaculture activities, and the production of surimi, fishmeal, and consumer foods under brands such as Mushroom and Figo. Presently, QL is the largest surimi and fishmeal producer in Malaysia and its products are distributed over Asia, Europe, and North America. In 2018, this division made RM905….