Kim Loong’s 4Q net profit rises 19% to RM37mil


KUALA LUMPUR: Kim Loong Resources Bhd expects the average crude palm oil (CPO) price for the financial year ending Jan 31, 2024 (FY24) 2024 could stand above RM4,000 per tonne.

The plantation group is in view that it could still benefit from the current level of CPO price, especially the plantation operations.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Kim Loong , CPO , FFB , palm oil

Next In Business News

Jinhua – a trading hub without borders
Asia bonds for diversification
Singapore’s financial sector a big winner
AI disruption fears rock markets
Up in Arms - or up the value chain?
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use
Chow Tai Fook courts the young
From the ashes of Fluff comes Big Mouth

Others Also Read