Genting Plantations impacted by lower palm oil output, weak property sentiment


KUALA LUMPUR : Genting Plantations Bhd (GenP) reported first quarter (1QFY16) earnings that were below estimates due to negative output growth from its upstream palm oil segment as well as flattish earnings from its property division, said Maybank IB Research.

 

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Manufacturing capacity utilisation hits 82.4% in 3Q24
UOA Development's net profit dips to RM48.34mil in 3Q
Velesto, PETRONAS, NOV ink MoU on drilling rig automation, robotics
PETRONAS Chemicals hit by forex losses at Pengerang joint venture
FBM KLCI slips as regional markets await Nvidia results
TNG Digital launches full eKYC
Matrade, Exim Bank ink MoU to boost trade promotion
Infoline Tec to be transferred to Main Market
E&O launches RM60bil masterplan for Andaman Island development project
Dialog's shares rise on positive quarter

Others Also Read