KL Kepong falls on weaker earnings, shares go ex


KUALA LUMPUR: Shares of Kuala Lumpur Kepong (KLK) fell as much as 1.8% or 36 sen on Thursday after it earnings for the first quarter ended Dec 31, 2012 were below expectations and as its dividend of 50 sen a share went ex.

At 10.31am, KLK was down 22 sen to RM20.60. There were 130,900 shares done at prices ranging from RM20.46 to RM20.66. Its share price rose 12 sen to RM21.32 on Wednesday ahead of the ex date for the dividend.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Kuala Lumpur Kepong , KLK , earnings , dividend , Business

   

Next In Business News

Trading ideas: MyEG, Axis REIT, Mah Sing, Capital A, Hibiscus, Chin Hin, Carlsberg, I-Bhd
Businesses concerned about rising forex woes
Booming eCommerce bolsters consumption
Sasbadi reports record high quarterly revenue on robust sales
LME takes aim at traders’ Russian metal games with new rules
Helping more city-state F&B businesses to expand overseas
Funds raised by Singapore’s tech startups up 59% in 2023
Fernandes on board Capital A for five more years
China’s prices are too low for buyers to sweat about tariffs
UK firms told to ‘urgently review’ green claims

Others Also Read