High CPO prices to sustain Hap Seng Plantations’ earnings growth


palm oil fruitss

PETALING JAYA: Despite rising costs, Hap Seng Plantations Holdings Bhd’s earnings growth will remain well supported by strong crude palm oil (CPO) prices.

The company, whose stock has been one of the best-performing counters on Bursa Malaysia year-to-date, is expected to continue benefiting from high spot prices and better premium for its Roundtable on Sustainable Palm Oil (RSPO)-certified CPO.

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