Price boost: Boustead Plantations’ better results were due to stronger palm product prices and lower operating expenditure.
PETALING JAYA: Boustead Plantations Bhd
’s net profit jumped 58% to RM37.36mil in the third quarter ended Sept 30 compared with RM23.63mil in the same quarter last year.
The plantation company attributed its positive results to better palm product prices and lower operating expenditure for shortfalls in fresh fruit bunch production.
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