Kuala Lumpur Kepong Berhad (KLK), trading under the stock symbol KLK on the Bursa Malaysia exchange, has had a somewhat volatile performance over the past 12 months. The stock price decreased by approximately 2.7%, with the current price around 21 MYR as of early October 2024. It experienced a year-to-date change of -3.76%, reflecting ongoing challenges in the market.
KLK’s financial performance shows mixed results. In the last 12 months, the company generated MYR 22.37 billion in revenue, but profits were down slightly compared to previous years, with 700.50 million MYR in net income. The company’s free cash flow has been negative due to high capital expenditures, and it reported a gross margin of 13.87% and an operating margin of 7.65%(TradingView)(Stock Analysis).
KLK’s market cap is MYR 23.02 billion, and its dividend yield is notable, providing 2.80% in 2023(MarketScreener)(Stock Analysis).
In summary, while the stock has faced some decline, KLK remains a significant player with strong revenues and stable operations in Malaysia’s plantation sector.