Better harvest seen for Kim Loong in FY23


PETALING JAYA: An improvement in fresh fruit bunch (FFB) yield and contribution from the newly-acquired land in Sabah are expected to boost Kim Loong Resources Bhd’s FFB harvest for the financial year 2023 (FY23), says TA Research.

“We expect the group’s FY23 and FY24 FFB harvest to increase by 10.3% and 5%, respectively,” it said in a note to clients.

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