Young trees a boon to Genting Plantations

Young trees a boon to Genting Plantations

KUALA LUMPUR: Genting Plantations Bhd’s rosy upstream outlook in the near-term is likely to be driven by its young tree profile in Indonesia, despite aggressive replanting in Malaysia,

According to Kenanga Research, the group’s management is keeping its production growth guidance between 3% and 5% for financial year ending Dec 31, 2021 (FY21).