LPAI, ND among reasons for MFM’s lower profits


Malayan Flour Mills (MFM) cited low pathogenic avian influenza (LPAI) and Newcastle Disease (ND) as reasons for a 58% year-on-year contraction of income to USD 934,000 in Q3. High wheat prices, operating costs, and surges in corn, soymeal, ocean freight, and crude oil prices also affected earnings....

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