Farm Pride Foods Limited ( (AU:FRM) ) has issued an update.
Farm Pride Foods Limited reported a successful quarter ending March 31, 2025, with a 15% increase in farm production following the repopulation of its Avian Influenza-affected farms in Lethbridge, Victoria. The company achieved net operating cash inflows of $1.258 million, driven by an 8% increase in customer receipts due to higher production. Farm Pride is investing in biosecurity and operational improvements, and has converted a director’s loan to equity to strengthen its balance sheet. Despite rising costs, the company is focused on efficiency and cost reduction strategies to mitigate financial pressures.
More about Farm Pride Foods Limited
Farm Pride Foods Limited is a leading ASX-listed company that specializes in farming, processing, and marketing a variety of egg and egg-related products. The company is focused on meeting the market’s growing demand for cage-free eggs and maintains strong relationships with supermarkets and industrial food manufacturers. Farm Pride is committed to high standards of environmental, social, and corporate governance responsibility, and is unique in Australia for manufacturing its own egg cartons from recycled materials.
YTD Price Performance: 50.0%
Average Trading Volume: 42,031
Technical Sentiment Signal: Sell
Current Market Cap: A$41.54M
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