16 Jun 2025
Malaysian poultry integrator reports cyberattack incident
CAB Cakaran poultry unit hit by cyberattack. Swift response measure implemented, but impact under review, while profits remain strong.
Cakaran Corporation announced that its 51%-owned subsidiary, Farm’s Best Food Industries, suffered a cyberattack on June 3, targeting its accounting system.
In a stock exchange filing, the poultry farming and food processing group said that Farm’s Best management acted swiftly, launching immediate response measures.
“Efforts are ongoing to fully restore the accounting system with help from internal IT teams and external cybersecurity consultants,” the company said.
CAB is still assessing the extent of the data breach and its potential financial impact.
Farm’s Best, a key subsidiary within CAB’s integrated poultry operations, is known for its fresh and processed chicken products.
🤑 Profit and revenue
Despite this setback, CAB reported a net profit of approximately USD 4.21 million for the Q2 ended March 31, 2025—a 31% increase from USD 3.21 million a year earlier. This growth was driven by higher operating profit in its poultry segment.
Quarterly revenue edged down 0.2% to about USD 121.9 million from USD 122.1 million in the same period last year. The integrated poultry division contributed over 94% of total revenue, generating approximately USD 115.3 million.
