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.

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Kim Loong , CPO , FFB , palm oil

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