KL Kepong 3Q profit down 18% to RM189m


KUALA LUMPUR: Kuala Lumpur Kepong Bhd’s (KLK) earnings fell 18% for its third quarter ended June 30, 2013 to RM189.16mil from RM233mil a year ago due to weaker selling prices of commodities and higher crude palm oil and rubber production cost.

KLK said on Tuesday its revenue was down 16% to RM2.176bil from RM2.603bil a year ago while earnings per share stood at 17.80 sen from 21.90 sen a year ago.

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