Revenue grew 3.8% to RM319.21 million from RM331.88 million. For the full year, its net profit rose to RM89.33 million from RM80.8 million in FY08, while revenue increased to RM1.4 billion from RM1.31 billion.
Earnings per share rose to 27.19 sen from 24.49 sen a year earlier. The company proposed a final dividend of seven sen per ordinary share of 50 sen each.
In a filing to Bursa Malaysia today, QL Resources said sales for its marine products manufacturing division increased 10% year-on-year due to higher contribution from its surimi-based products.
Its integrated livestock activities also registered a 10% increase in sales due to higher unit value of animal feed raw materials in the earlier quarters.
However, the company's palm oil activities registered a 11% decrease in sales due to lower crude palm oil prices.
Commenting on its outlook, QL Resources said it was cautiously optimistic for its current quarter ending June 30, 2009.