FGV expects CPO output to recover in Q2 after steep decline in Q1


KUALA LUMPUR: FGV Holdings Bhd said its crude palm oil (CPO) production fell 30% in the first quarter ended March 31 from a year ago.

The drop was worst compared with the national output 20% decline over the same three-month period.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

FGV , Datuk Wira Azhar Abdul Hamid , CPO

   

Next In Business News

RAM Ratings optimistic on digital bank licences in its rated portfolio Premium
Maybulk's net profit falls to RM8.44mil in 1Q Premium
Hap Seng posts higher net profit of RM156.30mil in 1Q Premium
IJM Corp net profit jumps 82% to RM795mil in FY22 Premium
Cnergenz 1Q net profit at RM3.64mil Premium
MSM posts RM28mil net loss in 1Q Premium
Boustead 1Q profit soars 573% on land disposal Premium
Ringgit gains momentum to end higher versus US dollar Premium
Axiata appoints joint acting group CEOs as Izzaddin Idris steps down Premium
Escalating costs a drag on Tuju Setia’s earnings Premium

Others Also Read