PWF Transitions to Food Processing and Energy Projects as Poultry Leader in Northern Malaysia
PWF, a leading poultry producer in Northern Malaysia, has expanded its annual broiler capacity to nearly 40 million birds and is set to double egg production to 2 million daily. The company is diversifying into biogas and biomass projects to convert chicken waste into energy and has acquired a warehouse in Ipoh for poultry parts processing, enhancing profit margins. With key investments from the TC Boy family and Perak State Agricultural Development Corporation, PWF aims to achieve RM 1 billion in revenue while maintaining a consistent dividend yield.
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Since its inception in 2001, PWF has grown its annual broiler capacity from 10 million to nearly 40 million birds, alongside producing 1 million eggs per day. The Gurun layer farm is expected to double egg production to 2 million daily within three years.
PWF is also entering Biogas and Biomass projects to convert chicken waste into energy. The company dominates the Northern region of Malaysia, strategically positioning itself against competitors in the Central and Southern regions.
PWF is moving downstream with the acquisition of a warehouse in Ipoh for poultry parts processing, allowing higher margins by bypassing live bird market fluctuations. The TC Boy family and Perak State Agricultural Development Corporation are key investors, enhancing food security. PWF has maintained a 5% to 6% dividend yield since 2016 and aims to become a RM 1 Billion company in the coming years.
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