# QL Resources well diversified to weather ringgit’s fall

> QL Resources said revenue from its US-dollar-earning surimi exports helps offset the higher local-currency cost of imported livestock feed as the ringgit weakens. The company reported first-quarter profit growth of 1.4%, with marine products offsetting weaker results in its livestock and palm oil divisions.

- Date: 2026-11-08 · published 2026-11-08T18:06:17.198Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/87729-ql-resources-well-diversified-to-weather-ringgit-s-fall
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A weaker ringgit raises the cost of imported feed for Malaysian livestock operations, while export earnings provide a partial currency hedge. The currency move could pressure feed buyers’ costs, although the article does not name a particular feed ingredient.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- theedgemalaysia.com: https://theedgemalaysia.com/article/ql-resources-well-diversified-weather-ringgit%E2%80%99s-fall

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.