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.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
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!
