IOI Corp hit by weakening ringgit and CPO price


The IOI group realised an average crude palm oil price of RM2,119 per tonne in the quarter under review, down from RM2,258 per tonne a year earlier.

KUALA LUMPUR: The weaker ringgit and lower price of crude palm oil (CPO) have taken a toll on IOI Corp Bhd, as the planter posted one of its worst quarterly losses.


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