Kuala Lumpur Kepong Bhd’s latest quarterly net profit surged nearly 18 times to RM490.44 million from RM27.89 million in the corresponding quarter last year, thanks to higher commodity prices, and stronger earnings from its manufacturing and property segments. Revenue for its second quarter ended March 31, 2021 (2QFY21) grew 18.5% to RM4.51 billion from RM3.81 billion previously, its stock exchange filing showed. Earnings per share jumped to 45.5 sen from 2.6 sen.
KLK 2Q net profit surges to RM490m on buoyant commodity prices
2021-05-19T10:54:11-04:00May 19th, 2021|
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