Kenang research: “We have raised the estimated FY21 core net profit by 24% on higher CPO prices of around RM3,000 per tonne and have introduced a FY22 estimate core net profit of RM102.6mil.”
PETALING JAYA: Brokerage firms generally expect an earnings upside for Hap Seng Plantations Holdings Bhd in the upcoming quarters.
This is driven by the anticipation of higher crude palm oil (CPO) prices and production recovery this year.
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