KUALA LUMPUR: FGV Holdings Bhd staged a turnaround in its financial performance in the second quarter as higher crude palm oil (CPO) prices saw it posting a net profit of RM20.55mil compared with net losses of RM52.19mil a year ago.
It reported on Monday its revenue was slightly higher at RM3.29bil in the period ended June 30,2020 compared with RM3.28bil a year ago. Earnings per share were 0.6 sen compared with loss per share of 1.4 sen.
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