KUALA LUMPUR (July 29): QL Resources Bhd has declared a final dividend of 4.25 sen for the financial year ended March 31, 2015 (FY15) to reward its shareholders.

In a filing with Bursa Malaysia today, the country's leading chicken egg producer said the dividend is payable on Sept 15, 2015.

The ex-date of the dividend is on Aug 28, 2015, while the entitlement date is on Sept 2, 2015.

For the fourth quarter ended March 31, 2015 (4QFY15), QL's net profit jumped 21% to RM46.7 million from RM38.61 million, thanks to higher profit contribution from its integrated livestock farming and marine products, which surged 53% and 41% respectively.

Quarterly revenue rose 9% to RM661.59 million from RM606.87 million in 4QFY14, boosted by sales of its marine product manufacturing which rose 29% due to higher contribution from Indonesia's fishery, surimi-based products, as well as Sabah frozen seafood operations.

For the full year FY15, QL Resources (fundamental: 1.3; valuation: 1.1) reported a 19% increase in net profit to RM190.54 million from RM159.93 million in FY14, on a 10% growth in revenue to RM2.7 billion from RM2.46 billion.

QL Resources currently operates eight commercial farms in Malaysia, Indonesia and Vietnam.

The stock added three sen or 0.73% to close at RM4.13 today, giving it a market capitalisation of RM5.12 billion.

(Note: The Edge Research's fundamental score reflects a company's profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)