IOI Corp expects strong CPO to support profits in coming two quarters  

KUALA LUMPUR: Higher palm oil prices boosted IOI Corp Bhd earnings in the three-month ended Sept 30, a trend the planter projected to continue in the next two quarters.

Net profit surged to RM277.9mil compared with RM149mil made in same quarter last year, the company told Bursa Malaysia in a filing today.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Subscribe

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Subscribe

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only

Subscribe
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!

IOI Corp , CPO

   

Report it to us.

Next In Business News
Negri Sembilan to get 158ha data centre campus
Price of steel down across most parts of Malaysia
T7 Global unit secures Hibiscus job
Ringgit slips amid strong support for greenback
Yinson’s Atlanta FPSO achieves first oil
Improvement in Bank Negara’s reserve adequacy
European retail stocks feel impact from high bond yields
Parkson inks 10-year China agreement
NPC Resources in potential privatisation bid
Dialog’s PSC receives final investment nod

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.