KLK Share Price Drops Amid Weak Earnings Result
KLK Share Price Drops Amid Weak Earnings Result

KLK saw its share price drop more than 5% to close at 20.52 after opening the morning session at 21.30, the sell-off came after the group reported a drop in its 4Q24 core profit by 25.8.0%yoy bringing the FY24 to RM860.8m which was down 22.5% yoy.
KlK股价在上午21.30开盘后股价下跌超过5%,收于20.52。此次抛售是在该集团报告其24季度核心利润同比下降25.8.0%之后发生的,使24财年达到86080万令吉,同比下降22.5%。
Some analysts have commented that FY24 results fell short of their consensus estimates, though the company's plantation division showed promising performance.
一些分析师评论说,尽管该公司的种植部门表现良好,但24财年的业绩仍未达到他们的共识预期。
Despite the decline, most houses have maintained a HOLD recommendation on the stock with Maybank IB noting that KLK's FY24 core profits were impacted by several one-off expenses, including impairments and inventory write-offs, which contributed to a disappointing performance in the manufacturing and property divisions.
尽管下跌,但大多数房屋仍维持对该股的持有建议,Maybank Ib指出,KLK的24财年核心利润受到包括减值和库存注销在内的多项一次性支出的影响,这导致制造业和房地产部门的表现令人失望。