Sime Darby Plantation posts FY19 net profit of RM122mil from continuing operations


KUALA LUMPUR: Sime Darby Plantation Bhd expects the price recovery of palm products to be moderated over concerns raised by the Covid-19 outbreak as well well as restrictions by India on the import of refined palm oil.

However, other factors such as biodiesel mandates in malaysia and Indonesia are expected to keep palm product prices resilient in the near term.

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