KUALA LUMPUR: Plantation and oleochemical producer Kuala Lumpur Kepong Bhd
(KLK) posted a 25% increase in net profit for the financial year ended Sept 30 and predicted better earnings ahead.
"The prevailing CPO prices are buoyant as palm oil inventories remained tight, supported by higher exports. In view of this, plantation profit for financial year 2021 is expected to be much improved," it said.
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