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.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!