’s (KLK) net profit for its second quarter ended March 31, surged to RM490.44mil from RM27.89mil in the previous corresponding period, driven by better profits from its plantation, manufacturing and property development segments. In a filing with Bursa Malaysia yesterday, the company said profit was also aided by foreign exchange gains in the corporate segment, surplus on sales of plantation land and government acquisition. Revenue in the second quarter rose to RM4.51bil from RM3.8bil a year earlier. KLK also declared an interim single tier dividend of 20 sen per share, to be paid on Aug 3. KLK said profit for its plantation segment was substantially higher at RM277.9mil, compared with RM145.7mil in the previous corresponding period, supported by better crude palm oil (CPO) and palm kernel prices.