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.
转载说明:本文转载自Sunbet。 欧博开户声明:该文看法仅代表作者自己，与本平台无关。转载请注明：约搏以太坊博彩游戏（www.eth108.vip）_Kim Loong earnings soar in first quarter