Batu Kawan profit up 32% to RM106mil

RAM also said the increase in Indian import duties on rival soybean oil in June 2018 was also expected to reverse the downtrend in palm oil exports for Malaysia and Indonesia.

PETALING JAYA: Batu Kawan Bhd saw its net profit for the third quarter ended June 30 improve 32% to RM106.59mil compared with the corresponding quarter last year.

This was despite a 10.8% decline in revenue to RM4.47bil.