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.