PETALING JAYA: Innoprise Plantations Bhd
(IPB) registered a three-fold growth in net profit to RM9.34mil for the first quarter ended March 31, 2017, as compared to the corresponding quarter last year.
Managing director Datuk Kelvin Tan attributes the stellar financial performance to higher palm product prices, improved fresh fruit bunches (FFB) crop and excellent oil extraction rate of 23.76%.
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