IOI Corp’s upstream earnings likely to improve


RHB Research made no changes to IOI’s FY25 to FY26 forecast growth of 4% to 5%.

PETALING JAYA: IOI Corp Bhd’s latest first-quarter results for financial year 2025 (1Q25) is a positive start to the group, say analysts.

RHB Research stated in a report the group’s upstream earnings are expected to improve going forward on the back of higher crude palm oil (CPO) prices, while downstream earnings will be supported by strong specialty fats contributions at the associate level.

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