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FGV's earnings jump 350% to RM143.7m in FY17


 FGV group president and CEO Datuk Zakaria Arshad: “We increased our focus on the plantation business last year through our strategic transformation plan and the results have been encouraging.”

FGV group president and CEO Datuk Zakaria Arshad: “We increased our focus on the plantation business last year through our strategic transformation plan and the results have been encouraging.”

KUALA LUMPUR: Felda Global Ventures Holdings Bhd 's (FGV) earnings jumped 356% to RM143.73mil in the financial year ended Dec 31, 2017 from RM31.46mil in FY16, underpinned by a strong performance from the plantation and logistics & others (LO) sectors. 

The world’s largest producer of CPO announced on Friday that profit before tax (PBT) increased by 60% to RM417mil from RM260mil.

Corporate News , Plantations

   

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