Kim Loong earnings soar in first quarter


KUALA LUMPUR: Kim Loong Resources Bhd’s net profit jumped 38% to RM39.23mil in the first quarter ended April 30, from RM29.38mil in the same period last year, driven by contributions from its plantation operation.

In a filing with Bursa Malaysia yesterday, the company said revenue for the quarter surged 63% to RM509.74mil against RM312.45mil a year ago.

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Kim Loong , CPO , palm oil

   

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