Its chief executive officer Lim Yew Hoe said the first box of fresh milk was expected to be rolled out within 24 months after the start of the project. Fresh milk consumption is only a fraction of total dairy consumption. “The integrated dairy farm will propel the group’s ambition of becoming a major player in the health and wellness segment to the next level, with fresh milk as its new pillar of growth,” he added. With the new integrated farm, Lim said F&N would support Malaysia’s health and food security agenda and at the same time be self-sufficient in the supply of locally-produced fresh milk. F&N recorded a 5.3 per cent growth in revenue to RM4.08 billion from RM3.87 billion in 2018.

Source: New Strait Times November 07, 2019 04:59 UTC