With the crude palm oil (CPO) price upside being capped, Kenanga Research expected the upstream agri-business group’s near-term prospects to remain tepid stemming from the flat FFB growth guidance for financial year 2022 (FY22).
PETALING JAYA: The potential slow recovery of crops will make IJM Plantations Bhd’s near-term fresh fruit bunches (FFB) growth prospects appear to be unexciting.
With the crude palm oil (CPO) price upside being capped, Kenanga Research expected the upstream agri-business group’s near-term prospects to remain tepid stemming from the flat FFB growth guidance for financial year 2022 (FY22).
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