IOI Corp expects positive growth in FY24


The group said it expects crude palm oil price to remain range-bound between RM3,750 to RM4,050 per tonne in the next two months, before moving higher.

PETALING JAYA: IOI Corp Bhd expects its operating and financial performance for the remaining quarters of its current financial year ending June 30, 2024 (FY24) to be satisfactory.

In a filing with Bursa Malaysia, the group said it expects crude palm oil price (CPO) to remain range-bound between RM3,750 to RM4,050 per tonne in the next two months, before moving higher.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read