High CPO prices a boon for FGV


KUALA LUMPUR: FGV Holdings Bhd expects to perform satisfactorily in line with the projected favourable crude palm oil (CPO) price movement

Net profit rose to RM1.32bil in the financial year ended Dec 31, 2022 (FY22) from RM1.17bil in the previous year. The group attributed it to the higher average CPO prices and improved contribution from its logistics business.

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