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- A + A KUALA LUMPUR (May 24): Farm Fresh Bhd's net profit for the fourth quarter ended March 31, 2022 (4QFY22) surged 50.63% to RM17.68 million from RM11.74 million a year earlier, on a higher gross profit margin. In a bourse filing on Tuesday (May 24), the group said the higher gross margin reflected both an increase in sales as well as a price increase of its chilled ready-to-drink (RTD) milk products and ambient RTD products by an average of 5% which it implemented in September and December 2021 respectively. It noted that gross profit margin improved from 27.6% to 28.6% a year ago. Meanwhile, quarterly revenue was marginally up by 0.44% to RM128.07 million from RM127.51 million. It noted that its Malaysian operation's revenue grew by 6.16% to RM120.68 million from RM113.68 million a year ago, driven by the recovery in economic activities and consumer confidence on the heels of further easing of restrictions and reopening of borders. However, revenue fell … [Read more...] about Farm Fresh 4Q earnings up 51% on increase in sales and price hikes, FY22 profit up 121%

Santa Fe High School freshman, Jai Gillard writes messages on each of the 10 crosses in front the school Monday, May 21, 2018, in Santa Fe. Gillard, was in the art class Friday morning, knew all of the victims of the shooting. Texas Governor Greg Abbott has called for a moment of silence at 10 a.m. and came to the school to participate. (Photo by STEVE GONZALES / Houston Chronicle via AP) AUSTIN, Texas — Texas Gov. Greg Abbott has vowed to address school violence and safety in the wake of another mass school shooting. But Abbott’s call to do “more than just pray” for the victims comes in a state that has fully embraced its gun culture and resisted previous attempts to scale it back. Earlier this month at the National Rifle Association’s annual meeting in Dallas, Abbott himself said, “The problem is not guns. The problem is hearts without God. It is homes without discipline and communities without values.” The killing of eight students and two teachers last week at Santa Fe High … [Read more...] about School shooting unlikely to bring gun restrictions in Texas

Share to Twitter Share to Linkedin New York and Los Angeles-based fitness studio Dogpound today announces its upcoming NFT release with philanthropic partners Seva.Love, Community of Unity and NFT Classroom. The result of this collaboration is an NFT created by digital artist Yovanna Ventura that will launch at auction on OpenSea on May 31, 2022. A one-of-one NFT will be the star of this auction, with a number of IRL perks attached to its sale. A second NFT will be issued with 22 editions available to the public. All profits from the OpenSea auction will be donated to education non-profit Community of Unity in support of their collaboration with Dogpound within the New York City school system. Dogpound has been working with its nonprofit partners in support of the New Design High School in New York City for over five years. The fitness brand’s commitment to students of this school have included a gym renovation, free fitness training sessions and ongoing … [Read more...] about Fitness Brand Dogpound Announces NFT Release In Support Of New York City Students, Fitness And Web3 Education