Tuesday 21 February 2012

Sarawak Plant advances on profit jump

Sarawak Plantation Bhd, a palm oil producer, rose 2.7 percent to RM3 in Kuala Lumpur trading at 10.15am, on course for its highest close since Sept. 15, 2008.

Fourth-quarter profit jumped more than five times to RM19.7 million from RM3.4 million a year earlier, according to an exchange filing. -- Bloomberg



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