Boustead Plantations earnings soar to RM562mil


Malaysian palm oil futures fell to their lowest in three months on Monday evening as sentiment took a hit from India's move to raise import tax on edible oils to its highest in over a decade

PETALING JAYA: Boustead Plantations Bhd registered a 1405% surge in net profit at RM562.42mil for the third quarter ended September 30, 2017, from the previous corresponding quarter.

This was on the back of an exceptional disposal gain on plantation asset amounting to RM554.9mil during the period under review.

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