Higher CPO price bodes well for Sarawak Oil Palms

According to UOB Kay Hian (UOBKH) research, the company’s net profit could jump by as much as 32% with a CPO price assumption of RM3,500 per tonne.

PETALING JAYA: Sarawak Oil Palms Bhd (SOP) would be one of the key beneficiaries of a sustained higher crude palm oil price (CPO).

According to UOB Kay Hian (UOBKH) research, the company’s net profit could jump by as much as 32% with a CPO price assumption of RM3,500 per tonne.