KUALA LUMPUR (Aug 29): Agro-food producer QL Resources Bhd, which reported a 15.3% increase in net profit its first financial quarter ended June 30, 2019 (1QFY20), is optimistic of growing better than last year.

"We are optimistic about the prospect for this year, which we expect to grow better than FY19," the group's founder and executive chairman Chia Song Kun told reporters after the group's annual general meeting here.