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.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!