KLSE main board candidate, BLD Plantation Bhd
(BLDP), expects its future earnings to be well supported by the firm crude palm oil (CPO) prices and its high CPO oil extraction rate (OER) of 22.7%, exceeding the industry's average of 21%.
Its financial controller, Seng Cheak Chai said the average CPO price of RM1,500 per tonne in the 1st half of this year augur well with BLDP group's cost of CPO production of about RM650 per tonne.
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!
