Felcra records RM178m profit, with RM101m payout to participants starting today, says Zahid

AI Summary

Felcra Bhd has achieved a profit of RM178 million up to April 2025, a RM2 million increase from the previous year. RM101 million will be distributed to 74,300 participants nationwide. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi commended Felcra's performance and highlighted their contribution to national food security through the commercialisation of the MRQ 107 paddy, a local fragrant rice variety. The Seberang Perak area, cultivated by Felcra, yields an average of eight metric tonnes per hectare annually, contributing significantly to national rice production.