BANTING: Felcra Bhd has announced a profit distribution totalling RM44.95mil for the first quarter of 2018 (1Q18) to 56,671 settlers nationwide, in conjunction with the Hari Raya Aidilfitri celebration this year, said Rural Development Minister Rina Harun (pic).
She said the amount was 29% lower compared with the profit distribution of RM63.44mil last year, as crude palm oil (CPO) prices had declined by 20% to RM2,455 per tonne for the January-April 2018 period from RM3,055 per tonne in the same period last year.
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