FGV expects productivity improvement for FY24


PETALING JAYA: FGV Holdings Bhd is still not out of the woods, despite recording core net profit of RM93mil for the financial year 2023 (FY23) that beat most analysts’ expectations.

Hong Leong Investment Bank Research (HLIB Research) said the recovery was mainly due to higher-than-expected external fresh fruit bunch (FFB) processing margins.

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FGV , CPO , plantations

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