Innoprise earnings up on higher average CPO selling price


PETALING JAYA: Innoprise Plantations Bhd registered a net profit growth of 15% to RM9.17mil for the second quarter ended June 30 as compared to the same quarter last year.

This was due to the higher average selling price of crude palm oil (CPO), as well as the improved CPO and palm kernel sales volume despite the absence of a contribution from its logging operations.

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