Analysts say persistent challenges in its downstream manufacturing segment continue to cloud the group’s earnings outlook.
PETALING JAYA: Upstream operations have supported Kuala Lumpur Kepong Bhd
’s (KLK) financial year ended Sept 30, 2025 (FY25) performance, but analysts say persistent challenges in its downstream manufacturing segment continue to cloud the group’s earnings outlook.
MBSB Research noted that KLK’s core profit of RM1.2bil came in largely within expectations, supported by a 41.5% year-on-year jump in upstream earnings, driven by 2.6% higher fresh fruit bunch (FFB) output and lower production costs, even as the manufacturing division fell into the red due to elevated feedstock prices.
