bursalesion

Stock in Review — Lotus KFM Berhad (KLSE: LOTUS)

lesion63
Publish date: Fri, 04 Oct 2024, 04:56 PM

Logo of Lotus KFM Berhad.

Lotus KFM Berhad (formerly Kuantan Flour Mills), is a well-established company in Malaysia known for its flour milling business. They’ve been in the game for a while, producing various wheat flours and premix products, like cake and bread mixes, that are widely used by both consumers and businesses. 

Lotus KFM Berhad’s product samples.

They also trade baking ingredients like yeast and bread improvers, ensuring they meet diverse needs in the food industry. The company prides itself on quality and has built strong relationships with repeat customers, including big names in the industry.

Despite some challenges in recent years, Lotus KFM has maintained a solid foundation in the flour milling business. They’ve seen a slight dip in revenue recently, but the company is taking steps to improve operations and cut costs. 

One key move Lotus KFM is making is expanding into the plantation sector. This is a big deal for the company, as it’s looking to add new revenue streams to ensure steady growth over the long term. While it’s still early days, Lotus KFM expects this new venture to start contributing significantly in the next few years, possibly from 2027 onwards.

Share price chart of Lotus KFM Berhad.

In terms of their stock, Lotus KFM’s share price has remained relatively steady. There hasn’t been much movement, reflecting the company’s current state of business. However, with their expansion into plantations and efforts to strengthen their core flour milling business, there’s potential for growth in the future. Investors might need to be patient, but there’s hope that these new strategies will pay off in the long run.

In a nutshell, Lotus KFM is staying strong in its traditional business while planting seeds (literally and figuratively) for future growth. Their move into the plantation industry is exciting and could be the boost the company needs to bring more value to shareholders in the coming years.

Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment