KUALA LUMPUR, Aug 18 Batu Kawan Bhd’s net profit for the third quarter ended June 30, 2021 (Q3 2021) rose to RM386.47 million from RM212.65 million posted in the same quarter last year. Revenue expanded by 41.2 per cent to RM5.4 billion from RM3.82 billion previously, it said in a filing with.
KUALA LUMPUR (June 9): Kuala Lumpur Kepong Bhd (KLK) has offered to acquire 494.87 million shares in IJM Plantations Bhd, representing a 56.2% equity stake, from IJM Corp Bhd for RM3.10 apiece or a total RM1.53 billion. In a filing with the bourse, it said the acquisition will require the approval of the shareholders of IJM Corp and KLK at an extraordinary general meeting to be convened by the respective companies.
25 Feb 2021 / 22:35 H.
KUALA LUMPUR: Batu Kawan Bhd posted a higher net profit of RM191.35 million for the first quarter ended Dec 31, 2020 (Q1 2021) from RM103.43 million registered in Q1 2020.
Revenue increased by 5.5 per cent to RM4.44 billion from RM4.21 billion previously, the group said in a filing with Bursa Malaysia today.
The group said its plantation segment’s profit was significantly higher, rising by 79.5 per cent to RM304.63 million on the back of higher crude palm oil (CPO) and palm kernel selling prices.
However, revenue from the segment declined by 10.2 per cent to RM1.81 billion (Q1 2020: RM2.01 billion) from lower CPO sales volume, and higher unrealised loss of RM39.02 million arising from fair value changes on outstanding derivative contracts, it said.
KUALA LUMPUR (Feb 19): The main index at Bursa Malaysia recovered lost ground and climbed at the midday break today, while regional markets pulled back from all-time highs.
At 12.30pm, the FBM KLCI rose 3.28 points to 1,579.12. The index had earlier slipped to a low of 1,573.84.
Market breadth remained cautious with 446 losers and 361 gainers, while 731 counters traded unchanged. Trading volume was a brisk 9.1 billion shares valued at RM3.69 billion.
The gainers included Genetec Technology Bhd, Malaysian Pacific Industries Bhd, Carlsberg Brewery Malaysia Bhd, Unisem (M) Bhd, Batu Kawan Bhd, Nestle (M) Bhd, Mr DIY Group (M) Bhd, Tasco Bhd, Greatech Technology Bhd, Heineken Malaysia Bhd and PPB Group Bhd.