PETALING JAYA: United Plantations Bhd
’s net profit surged 52% in the second quarter ended June 30 from last year, driven by increased production as well as higher crude palm oil (CPO) and palm kernel (PK) prices.
The planter, however, warned that the recovery in the palm oil output during the second half of the year would not be as large as it had previously expected.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
