PETALING JAYA: Kim Loong Resources Bhd
expects a 15% increase in the harvest of oil palm fresh fruit bunches (FFB) for its financial year ending on Jan 31, 2024 (FY24) compared with FY23.
TA Research stated Kim Loong’s management attributed the expected increase to the maturity of more replanted areas and an improved age profile of young palms in productive areas.
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