QL Resources Berhad is a multinational agro-food corporation which is primarily involved in three business divisions: marine products manufacturing, integrated livestock farming, and palm oil activities.

As of 16 September 2019, QL is worth RM11.3 billion in market capitalisation. In this article, I’ll bring an update on the company’s latest annual results, growth plans, and stock valuation.

Here are 12 things to know about QL Resources before you invest:

1. The marine products manufacturing division recorded an 11.1% year-on-year increase in revenue to RM1.01 billion in 2019 from RM905.4 million in 2018. This is mainly due to the company’s efforts to expand its production capacity, where it can now produce as much as 25,000 metric tons (MT) of chilled surimi and 35,000 MT of frozen products.

2. The integrated livestock farming division recorded a 17.2% y-o-y growth in revenue to RM2.31 billion in