QL Resources

QL Resources Berhad (QL) is a company based in Malaysia, established in 1987. The company initially focused on the agribusiness and fisheries sector, but has now grown to become one of the leading companies in the food, mining, and energy industries.

Here is a summary of the history of QL Resources:

Establishment (1987):
QL Resources Berhad was established in 1987 in Malaysia, starting as a company specializing in fisheries and seafood processing. It operates with the goal of providing high-quality food products, especially in the seafood sector.

Expansion into Other Sectors (1990s):
In the early 1990s, QL began expanding its business into various other sectors, including agriculture and egg production. They started developing chicken farms for egg production, which became one of their main segments.

Entry into the Stock Market (1999):
The company made its public listing on Bursa Malaysia in 1999, where its shares began trading on the stock market. This listing allowed QL to secure additional funds to expand their operations and business.

Introduction of FamilyMart (2016):
One of QL's significant achievements was in 2016 when the company introduced a chain of retail storesFamilyMartin Malaysia. FamilyMart is a well-known brand from Japan, and QL obtained the rights to operate these stores in Malaysia. This strengthened QL's position in the retail and food sector.

Development of the Green Energy Sector (2020s):
In recent years, QL has also focused on the development of green energy business, engaging in the renewable energy sector through its subsidiaryBMGRREEThis sector is expected to become one of the company's growth engines in the coming years.

Leadership and Development (Present):
QL is now known as one of the stable and competitive companies in Bursa Malaysia, with various businesses in the food, fisheries, energy, and retail sectors. In 2023, QL continued to grow well, recording stable profits and maintaining its position in the list of leading companies in Bursa Malaysia.

QL Resources strives to maintain continuous growth and focuses on sustainable development in various sectors. The company's ability to expand into different sectors makes it one of the main players in the Malaysian market.

In 2016, QL introduced FamilyMart in Malaysia, and after several years, the company's value has increased. By 2020, the company's value had almost reached 70 times. However, after that, QL entered a debt repayment phase, where they strive to ensure profits align with the company's valuation.

In October 2020, QL's stock price once reached a historical high of RM7.20, but now it is around RM4.80. Despite the long period, QL's annual net profit has grown from RM239 million in FY2020 to RM458 million (TTM - last 12 months). The company's valuation has also fallen from its peak of 70 times to around 39 times now.

Over the past 5 years, FamilyMart's profit has grown almost 4 times, accounting for 16.3% of total revenue in 2024. In the first half of FY25, this figure is expected to increase to 17.5%. The FamilyMart retail store model is now in a mature automatic growth phase, and in the coming years, its revenue is expected to contribute up to 20% to the company.