Cepatwawasan net profit falls 60%


KUALA LUMPUR: Cepatwawasan Group Bhd’s net profit fell 60.4% to RM3.26mil in the second quarter ended June 30, 2015 from RM8.26mil a year ago dragged by falling crude palm oil (CPO) and palm kernel prices.

Its revenue slipped 20.9% to RM53.97mil for the quarter compared to RM68.29mil a year ago due to falling crude palm oil (CPO), palm kernel prices and lower CPO sales volume.

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