CPO prices to affect KLK earnings

KLK attributed the weaker performance to a number of factors plaguing its various segments.

PETALING JAYA: Kuala Lumpur Kepong Bhd (KLK) is keeping a cautiously optimistic outlook depending on the price projections for crude palm oil (CPO).

The group noted that CPO prices had traded within a tight range of between RM3,700 per tonne and RM4,000 per tonne from July to September.