Fresh fruit bunches (FFB) production for the quarter came in at 247,693 tonne. As a result of operational efficiencies, FFB yield improved from 3.5 tonne per ha to 3.7 tonne per ha. Average oil extraction rate and kernel extraction rate stood at 21.1% and 4.2% respectively
KUALA LUMPUR: Boustead Plantations Bhd
posted a third straight quarter of profit growth in the three-month ended Dec 31 (Q4 FY20) boosted by rising crude palm oil (CPO) prices.
The group said palm oil output was expected to remain below potential in 2021 as the shortage of labour remains the key challenge for the plantation industry.
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