DBS Gur­ney re­news sup­ply con­tracts with KFC, QSR

The Sun (Malaysia) - - SUNBIZ -

PETALING JAYA: Poul­try com­pany DBE Gur­ney Re­sources Bhd’s unit DBE Poul­try Sdn Bhd has re­newed its con­tracts worth RM50 mil­lion with KFC (Penin­su­lar Malaysia) Sdn Bhd and QSR Stores Sdn Bhd for the sup­ply of poul­try prod­ucts.

In a fil­ing with Bursa Malaysia last Fri­day, the group said the re­newals are ef­fec­tive from Jan 1, 2017 to Dec 31, 2017. The agree­ments are ex­pected to gen­er­ate a turnover of about RM50 mil­lion for DBE Gur­ney, it added.

“We are pleased to con­tinue our part­ner­ship with the re­tail­ers, who have been a re­li­able part­ner in sup­port of our com­pany’s evolv­ing busi­ness needs and growth strate­gies,” the group’s manag­ing di­rec­tor Datuk Alex Ding Seng Huat said.

“Our com­mit­ment to sup­ply high-qual­ity poul­try prod­ucts to the in­dus­try will con­tinue to be an em­pha­sis for the re­tail­ers,” he added.

Ding said the con­tract re­newals are ex­pected to con­tinue pro­vid­ing sus­tain­able turnover with an as­sured mar­gin to the group for the next fi­nan­cial year end­ing Dec 31, 2017.

“This au­gurs well with the com­pany’s in­ten­tion to in­crease its mar­ket share lo­cally and sus­tain its busi­ness com­pet­i­tive­ness,” he added.

DBE Gur­ney has a feed­mill pro­duc­tion ca­pac­ity of 9,500 tonnes a month, six breeder farms with 100,000 chick­ens a year, six sets of in­cu­ba­tors with 12 mil­lion eggs a year, 11 broiler farms with 12 mil­lion chick­ens an­nu­ally and a pro­cess­ing fac­tory that has a ca­pac­ity of 1.5 mil­lion chick­ens a month.

Newspapers in English

Newspapers from Malaysia

© PressReader. All rights reserved.