IOI Corp's plantation in Johor
PETALING JAYA: IOI Corp Bhd
is expected to continue to benefit from the higher crude palm oil (CPO) price, and register a core net income of between RM250mil and RM280mil for the second quarter of its financial year 2017 (Q2FY17), said MIDF Research.
The research house said the higher CPO prices were set to boost the earnings of the group’s plantation division.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
