Profitable downstream operations lift IOI Corp

Notably, the plantation sector has been plagued by a severe shortage in labour amidst the travel restrictions, which has weighed heavily on production. IOI Corp saw its fresh fruit bunches (FFB) output drop by 7.6% to 1.52 million tonnes in the first half of financial year 2022

KUALA LUMPUR: Despite the labour challenges facing its production, IOI Corp Bhd still offers decent value, thanks to its profitable downstream operations and efforts to cushion worker shortages.

Notably, the plantation sector has been plagued by a severe shortage in labour amidst the travel restrictions, which has weighed heavily on production.