FGV likely to record Q4 loss

CIMB Research and Kenanga Research have said that the depressed crude palm oil (CPO) prices will continue to force the world

PETALING JAYA: FGV Holdings Bhd is likely to record another round of losses in its current fourth quarter ending Dec 31, marking the group’s negative earnings for the third consecutive quarter.

CIMB Research and Kenanga Research have said that the depressed crude palm oil (CPO) prices will continue to force the world’s largest palm oil producer to remain in the red in the months of October to December 2018.