Had it not been for FV loss on biological assets of its Papua New Guinea sugar assets (-RM24mil) and impairment of its plantation assets (-RM17mil), its3Q results would have been even better.
KUALA LUMPUR: Sime Darby Plantation
is expected to deliver its best quarterly in the fourth quarter of 2020 on better crude palm oil (CPO) price, Maybank Investment Bank Research says.
It said on Tuesday the 9M20 core profit after tax and minority interest (PATMI) was within its, but above street estimates.
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