As for Kim Loong’s plantation operations, UOB Kay Hian Research said Kim Loong will continue with its replanting programme of about 1,000ha of oil palm trees per year during FY22-FY26 to replace its old oil palm trees.
PETALING JAYA: Kim Loong Resources Bhd
’s power generation business is expected to contribute to the group’s revenue for the current financial year ending Jan 31, 2022 (FY22).
According to UOB Kay Hian Research, Kim Loong’s management has projected RM5mil in revenue for FY22 from supplying power generated from its power plants in Kota Tinggi, Johor and Keningau, Sabah to the grid.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
