KUALA LUMPUR: Kuala Lumpur Kepong Bhds net profit slumped 33.8 per cent to RM170.75 million in the fourth quarter ended September 30 2014 from RM258 million a year ago. This was due to its manufacturing sector losses caused by reduced margins, while the oleochemical division also sank into losses, KLK said in a filing to Bursa Malaysia yesterday. Its pre-tax profit fell 28.3 per cent to RM238.62 million from RM332.7 million a year ago despite a 15 per cent revenue growth to RM2.78 billion from RM2.41 billion previously.
To continue reading the rest of the article, click here