Batu Kawan Bhd’s net profit surged more than sixteenfold to RM261.08 million in the second quarter (Q2) ended March 31, 2021, compared with RM16.02 million in the corresponding period last year. This positive result was underpinned by higher profits from all segments, coupled with unrealised foreign currency exchange translation gain and an RM154.6 million surplus from the sale of plantation land and government acquisition
