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TasFoods Limited (ASX:TFL)

ALERT: Price-sensitive ASX Announcement for TFL
Current share price for TFL : $0.005 0 (0%)+
Announcement
Release
30 Jan 2026 4:35PM
Price at Release
$0.005
Full Release
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Summary
TasFoods Limited has announced its Quarterly Activities and Appendix 4C Cash Flow Report for the quarter ended 31 December 2025. The report highlights a challenging period for the company, particularly in its poultry division, which saw a 9% decrease in sales revenue due to an oversupply of poultry from mainland Australia and competitive pricing pressures. Despite these challenges, there were signs of improvement with increased demand and better pricing towards the end of the quarter. The company's cash flow from operations was negative, reflecting a decrease in cash receipts from customers. However, net investing cash inflows increased significantly due to the sale of the Pyengana Dairy business. The company has continued to manage costs effectively, reducing indirect costs by 10.6%. TasFoods remains focused on optimizing shareholder returns through strategic evaluations of its poultry business and asset portfolio under its Capital Management Framework.
Key Points
  • Poultry sales decreased by 9% compared to the prior comparable period due to oversupply and competitive pricing.
  • Net operating cash outflows of $0.7m, a $0.8m decrease compared to the previous corresponding period.
  • Net investing cash inflows of $1.5m, primarily from the sale of the Pyengana Dairy business.
  • Total consolidated revenue for the quarter decreased by 9.6% to $9.8m.
  • The quarter ended with a closing cash balance of $0.3m overdraft.
  • Corporate office costs reduced by 3% as part of cost management strategies.
  • Signs of improvement in poultry market conditions were noted towards the end of Q4 2025.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.