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Business 27 Feb 2003 | 12:00 AM

Kuala Lumpur Kepong Q1 net profit surges 67% to RM128.2mil

KUALA Lumpur Kepong Bhd (KLK) has posted a net profit of RM128.2mil for its 1st quarter ended Dec 31, 2002, up 67% from RM76.7mil for the same period a year ago. The company attributed the better results to higher commodity prices that buoyed profit contribution from the group#8217;s plantations business, which at the pre-tax level doubled to RM96mil from RM48mil previously.

Business 19 Feb 2003 | 12:00 AM

Golden Hope interim net profit surges seven-fold

GOLDEN Hope Plantations Bhd has announced a seven-fold increase in net profit to RM118mil for its first half ended Dec 31, 2002, owing to better performance from the group#146;s agribusiness.

Business 11 Feb 2003 | 12:00 AM

Baosteel 2002 profit surges 67%

Baoshan Iron and Steel Co Ltd, the listed arm of China's top steelmaker, said yesterday its 2002 net earnings surged two-thirds after a strong fourth quarter, buoyed by resilient domestic demand and government anti-dumping efforts.

Other Sport 07 Feb 2003 | 12:00 AM

Fowler surges to the top Australian

Australian Peter Fowler, whose last tournament victory came nearly 10 years ago in Germany, shot an eight-under 64 yesterday to take the first-round lead at the ANZ Championship.