Kulim Q2 earnings up nearly 50% to RM98.4m


KUALA LUMPUR: Kulim (Malaysia) Bhd's earnings rose 48.8% to RM98.43mil in the second quarter ended June 30, 2014 from RM66.11mil a year ago, underpinned by the stronger performance from its plantations sector.

It said on Monday the oil palm sector recorded higher profits in Q2, 2014 mainly due to higher of palm product prices and production of fresh fruit bunches (FFB) and crude palm oil (CPO) compared to a year ago.

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