United Malacca expects better production in 2024

TA Research said United Malacca’s management expects the FFB production to be higher for the rest of FY24.

PETALING JAYA: Analysts are mixed about United Malacca Bhd’s latest second quarter of financial year 2024 (2Q24) results, but are generally optimistic about the planter securing better margins ahead.

TA Research said in a note, the group’s 2Q24 results came in above expectations and within consensus estimates.