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Article: KFima aims for better dividends
- Article from:
- New Straits Times
- Article date:
- August 27, 2008
- Author:
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Zaidi Isham Ismail
New Straits Times
08-27-2008
KFima aims for better dividends
Byline: Zaidi Isham Ismail
Edition: Main/Lifestyle
Section: Business Times
Type: Company
DIVERSIFIED group Kumpulan Fima Bhd (KFima) expects revenue and net profit to grow by up to 15 per cent in the fiscal year ending March 31 2009 on firmer crude palm oil prices and increased manufacturing activities and use of its bulking facilities.
Group managing director Ahmad Riza Basir said it expects growth to be driven partly by higher oil palm yield from its 20,000ha operation in Indonesia.
"The group also expects growth to come from higher usage of our bulking facilities in Port Klang, which contributed RM42.2 million ...