KLK, PPB Group post better earnings on high CPO prices


  • Business
  • Saturday, 22 Nov 2003

STRONG crude palm oil prices continued to drive plantation companies' earnings higher, as reflected by the substantial jump in the profits of Kuala Lumpur Kepong Bhd (KLK) and PPB Group Bhd

KLK announced yesterday its pre-tax profit surged 64% to RM568.9mil for the financial year ended Sept 30 from RM347.1mil a year before. 

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