Ma­jor­i­ty state-owned Na­tion­al Flour Mills Ltd (NFM) yes­ter­day re­port­ed af­ter-tax prof­it of $39.7 mil­lion for the nine months end­ed Sep­tem­ber 30, 2025, a 3.68 per cent in­crease com­pared to its $38.35 mil­lion prof­it for the same pe­ri­od in 2024.

The com­pa­ny post­ed rev­enue of $401.4 mil­lion, 3.96 per cent more than $386.14 mil­lion in the same pe­ri­od last year.

In its unau­dit­ed re­sults for the first nine months of its fi­nan­cal year, NFM chair­man Ash­meer Mo­hamed not­ed that de­spite a chal­leng­ing ex­ter­nal en­vi­ron­ment, NFM man­aged to keep its cost of sales rel­a­tive­ly sta­ble at $271.6 mil­lion.

This op­er­a­tional ef­fi­cien­cy con­tributed to a 9 per cent year-over-year in­crease in op­er­at­ing prof­it, which rose to $50.3 mil­lion. In his re­port, Mo­hamed at­trib­uted the strong per­for­mance to sev­er­al strate­gic ini­tia­tives, in­clud­ing the re­vi­tal­i­sa­tion of the com­pa­ny’s flag­ship Ibis brand and the in­tro­duc­tion of new stock-keep­ing units (SKUs) tai­lored to evolv­ing con­sumer pref­er­ences.

These ef­forts have not on­ly en­hanced brand vis­i­bil­i­ty but al­so con­tributed di­rect­ly to rev­enue growth.

In ad­di­tion to gains in the core flour busi­ness, NFM re­port­ed in­creased sales in its feed di­vi­sion.

This growth was dri­ven by re­cent prod­uct re­for­mu­la­tions and the launch of new spe­cial­ty feed prod­ucts tar­get­ing key mar­ket seg­ments.

The com­pa­ny al­so con­tin­ues to reap ben­e­fits from its en­ter­prise re­source plan­ning (ERP) sys­tem up­grade and broad­er digi­ti­sa­tion ef­forts, which have stream­lined op­er­a­tions and im­proved ser­vice de­liv­ery.

Mo­hamed al­so ac­knowl­edged the per­sis­tent sup­ply chain dis­rup­tions af­fect­ing man­u­fac­tur­ers across T&T, cit­ing glob­al is­sues as the root cause.

How­ev­er, he as­sured stake­hold­ers that NFM is ac­tive­ly mon­i­tor­ing in­ter­na­tion­al de­vel­op­ments and has im­ple­ment­ed mit­i­ga­tion strate­gies to safe­guard ser­vice qual­i­ty and op­er­a­tional con­ti­nu­ity.

The com­pa­ny al­so an­nounced the post­pone­ment of its an­nu­al gen­er­al meet­ing, orig­i­nal­ly sched­uled for Oc­to­ber 28, 2025, due to un­fore­seen cir­cum­stances. A new date would be com­mu­ni­cat­ed in due course.

Mo­hamed al­so ex­pressed the board’s ea­ger­ness to en­gage with share­hold­ers at the resched­uled meet­ing.

The chair­man ex­tend­ed his ap­pre­ci­a­tion to the board of di­rec­tors, man­age­ment, and staff for their un­wa­ver­ing com­mit­ment and con­tri­bu­tions dur­ing this pe­ri­od.

“Their ded­i­ca­tion en­sures that we con­tin­ue to de­liv­er the best val­ue to our cus­tomers,” he said.