Upstream operations set to boost IOI Corp's earnings


IOI Corp to continue riding on high CPO prices

PETALING JAYA: Rising crude palm oil (CPO) prices will continue to benefit IOI Corp Bhd, which is expected to see another strong performance for the fourth quarter of its financial year ending June 30,2021 (Q4’FY21).

The plantation conglomerate, which posted a significant jump in Q3’FY21 earnings on higher CPO prices, remains positive on the prospects of its upstream profit in the upcoming quarter due to the prevailing high CPO price.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
IOI , properties , plantations , palm oil

Next In Business News

LSH Capital wins Kuantan road contract
Potential for nuclear to fill coal power gap
Despite hike, jet fuel prices still competitive
AI,�eCommerce�tailwinds to buoy logistics sector
Perak Transit names Jeffrey Cheong deputy
EPB eyes transfer from ACE to Main Market
Bus Cap secures Bursa Malaysia nod for ACE Market listing
MM Computer moves forward with IPO
Malaysia prepares�carbon pricing rollout
AEON Credit sets modest FY27 targets amid geopolitical risks

Others Also Read