High momentum: For Sime to remain key volume player in the oil palm business, it has to up its ante not only via the land bank expansion mode, but also juggled with the rising cost of production.
Sime Darby Bhd
has built its reputation as one of the world’s largest listed palm oil conglomerates producing some 2.8 million tonnes of crude palm oil (CPO), which represents 5% of the world’s total production.
Despite its well-diversified business portfolio, Sime’s plantation division has been the mainstay contributing over 40% to the group’s profit annually.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
