KLK sees lower operational profit on weak CPO prices


  • Business
  • Wednesday, 15 May 2019

KUALA LUMPUR: Plantation company Kuala Lumpur Kepong Bhd (KLK) expects its operational profits in 2019 to be lower than the previous year on weak crude palm oil (CPO) prices.

Net profit for the second quarter ended March 31 stood at RM142.96mil on revenue of RM3.94bil. The company has declared an interim dividend of 15 sen a share.

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