FGV group chief executive officer Datuk Haris Fadzilah Hassan described 4Q as “the highest positive financial performance in five years for FGV, despite various challenges faced by the group and the palm oil industry in 2020”.
KUALA LUMPUR: FGV Holdings Bhd
recorded its highest positive financial performance in five years as its earnings were boosted by strong crude palm oil prices which saw its revenue climb to RM4bil in the fourth quarter ended Dec 31,2020.
Announcing its results on Friday, FGV said profit before zakat and tax (PBZT) jumped by over 600% to RM326mil compared with RM46mil a year ago.
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