Kulim's profit from continuing ops jumps 171% to RM66.71m


KUALA LUMPUR: Plantations-based Kulim (Malaysia) Bhd's profit from continuing operations surged 171% to RM66.71mil from RM24.60mil a year ago due to higher production and prices for crude palm oil (CPO).

It said on Monday, its profit before tax increased by 178% to RM90.62mil compared RM32.62mil a year ago. Kulim's revenue rose 16% to RM829.67mil from RM714.82mil.

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