KUALA LUMPUR: Batu Kawan Bhd’s net profit surged more than 16-fold to RM261.08mil in the second quarter (Q2) ended March 31,2021 compared with RM16.02mil in the corresponding period last year.
This positive result was underpinned by higher profits from all segments, coupled with unrealised foreign currency exchange translation gain and a RM154.60mil surplus from the sale of plantation land and government acquisition.
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