Boustead Plantations’ first-quarter earnings soar


Strong CPO price, disposal gain boost results

PETALING JAYA: Boustead Plantations Bhd’s first quarter of financial year 2022 performance was boosted by stronger palm product prices and an extraordinary disposal gain.

The quarter ended March 31 saw its net profit jumping to RM435.16mil year-on-year (y-o-y) from RM12.23mil, while revenue nearly doubled to RM324.16mil.

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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.

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Boustead Plantations , revenue , CPO , prices , earnings ,

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