IOI Corp’s net profit more than doubles to RM262mil

IOI Corp said the improved 3Q25 and cumulative results were primarily due to better contributions from its plantation segment.

PETALING JAYA: IOI Corp Bhd expects higher fresh fruit bunch (FFB) production in second quarter of calendar year 2025, due to improved weather conditions and the end of a low production cycle.

The plantation group said the expected production rise, resulting in higher palm oil stock, is likely to exert downward pressure on crude palm oil (CPO) prices.