PETALING JAYA: Chin Teck Plantations Bhd
, which has reported a 52.8% surge in net profit in the third quarter, expects higher average selling prices for fresh fruit bunches (FFB), crude palm oil (CPO) and palm kernel (PK) in the financial year ending Aug 31, 2025.
In the third quarter ended May 31, its net profit jumped 52.8% to RM34.6mil, or an earnings per share of 37.94 sen, lifting its nine-month profit to RM84.8mil, or 92.78 sen.
