Sarawak Oil Palms sees persistent challenges ahead

PETALING JAYA: Sarawak Oil Palms Bhd (SOP) is retaining a guarded outlook on its prospects for the year as labour shortage problems and fluctuations of global world edible oil prices continue to affect production of fresh fruit bunches (FFBs).

With its overall performance still driven by FFB production, the uncertainty is further exacerbated by the effect of the supply chains on fertilisers, chemicals and fuel prices which will affect the costs of production, said the group.

Subscribe now for a chance to win your dream holiday!

Monthly Plan


Annual Plan


Billed as RM148.00/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Axis-REIT quarterly performance improves
DPS in Melaka agro-tourism joint venture
Uzma secures RM19mil oil and gas contract
Banks not main beneficiaries of data centre boom
Glove sector still facing tough environment
JCorp profit up 9% to RM2.4bil on higher revenue
Bursa Malaysia likely to post robust 2Q net profit
T7 Global wins PETRONAS Carigali job
Stable outlook for ringgit
Growth trajectory intact in 2H24

Others Also Read