ADVERTISEMENT

Batu Kawan profit up 32% to RM106mil


"The group’s plantations profit is expected to be lower with the prevailing weak CPO price.  “The decline in plantations’ profit will be mitigated by the higher contributions from oleochemicals, and from the chemicals division due to favourable selling prices," Batu Kawan said.

"The group’s plantations profit is expected to be lower with the prevailing weak CPO price. “The decline in plantations’ profit will be mitigated by the higher contributions from oleochemicals, and from the chemicals division due to favourable selling prices," Batu Kawan said.

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.

   

ADVERTISEMENT