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Cepatwawasan sees 91% jump in Q2 earnings

KUALA LUMPUR: Cepatwawasan Group Bhd reported a 91% jump in earnings in its second quarter ending June 30, 2017, to RM9.68mil from RM5.06mil in the previous corresponding quarter.  Revenue was also much improved, rising 37% year-on-year to RM70.35mil from RM51.27mil last year. In the plantations segment, an increase in FFB production resulted in a 43% higher profit before tax of RM9.73mil compared to Q2 last year.