According to Kenanga Investment Bank Research, KLK is targeting a FY21 FFB growth of 10%, excluding contributions from the acquisition of PT Pinang Witmas Sejati (PWS) and TSH Resources Bhd’s estates, which are both in Indonesia and yet to be completed.
PETALING JAYA: There are exciting prospects ahead for Kuala Lumpur Kepong Bhd
(KLK) in financial year 2021 (FY21), as fresh fruit bunch (FFB) growth is expected to rise on an industry-wide production recovery after a low season.
According to Kenanga Investment Bank Research, KLK is targeting a FY21 FFB growth of 10%, excluding contributions from the acquisition of PT Pinang Witmas Sejati (PWS) and TSH Resources Bhd’s estates, which are both in Indonesia and yet to be completed.
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