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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.
“The good performance for the current financial year-to-date was mainly due to higher average selling prices of fresh fruit bunches (FFBs) and crude palm oil (CPO) by 56% and 58%, respectively.
“On the other hand, FFB production was higher by 7% while the CPO production had increased by 2%,” it said in the notes accompanying its financial results.
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2022-07-05 00:24:05
This comes following a new lawsuit filed by plaintiffs Leong Seng Wui, Kok Kwang Lim and Valhalla Capital Sdn Bhd, who had sought to declare as valid an EGM to remove eight directors from the company's existing board.谁最喜欢这部？