Malaysian agribusiness group QL Resources Berhad saw both its revenues and profits soar in its first quarter, ended June 30.

Overall revenues for the group grew 22 percent to MYR 993.2 million (€212.5 million/$235.4 million), while operating profit climbed 24 percent to MYR 117.1 million (€25.1 million/$27.8 million) when compared to the same period last year.

Performance in the company’s marine product manufacturing -- the second largest segment after integrated livestock farming – showed a 30 percent surge in revenues to MYR 282.7