IOI Corp posts RM411mil earnings in 3Q22

KUALA LUMPUR: IOI Corp Bhd’s net profit rose 2.5% to RM411.2mil in the third quarter ended June 30 (3Q22) from RM401.3mil a year ago due to higher contribution from the plantation segment.

The plantation group’s revenue surged 43.3% to RM4.1bil against RM2.86bil last year.

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IOI Corp , CPO , palm kernel , forex

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