KUALA LUMPUR: Harn Len Corp Bhd halved its losses in the first quarter ended March 31 on higher palm oil prices.
The company made a loss of RM4.7mil compared with RM8.6mil a year ago. Revenue climbed to RM35.5mil from RM27.7mil previously.
"Our future prospects are bright as the CPO price has surged more than 120% in the past year, even setting a record of RM4,500 per tonne last month." managing director Low Quek Kiong said in a statement today.
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