Group Chief Executive Datuk Haris Fadzilah Hassan (second, left) taking a group photo during the media briefing at FGV Holdings Berhad yesterday. Also present were Group Chief Financial Officer Datuk Mohd Hairul Abdul Hamid (second, right), Chief Operationg Officer Logistics and Support Business (LSB) Sector Azman Ahmad (left) and Group Chief Executive Officer Datuk Khairil Anuar Aziz. -- Bernama
KUALA LUMPUR: Despite a challenging business environment due to the Covid-19 pandemic, FGV Holdings Bhd
has staged a significant turnaround in its second-quarter (Q2) results for the financial year ending Dec 31,2020 (FY20), thanks to the higher crude palm oil (CPO) prices and its ongoing cost-cutting measures.
The world’s largest CPO producer posted a net profit of RM20.55mil in Q2 compared with a net loss of RM52.19mil a year earlier.
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