The performance of FGV's palm plantation business has deteriorated to the point that profit contribution from sugar refining now exceeds that from oil palm activities. The photo shows FGV's biodiesel plant in Kuantan.
KUALA LUMPUR: Felda Global Ventures Holdings Bhd’s (FGV) net loss widened by 263.5% year-on-year (y-o-y) to RM33.92mil for the third quarter (Q3) ended Sept 30 despite achieving 13.8% higher revenue of RM4.51bil.
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