HLIB Research said IOI’s FFB output has shown month-on-month and year-on-year recovery since March.
PETALING JAYA: IOI Corp Bhd
expects its continuing fresh fruit bunch (FFB) output recovery will help it beat its own growth guidance of 1% to 2% in the financial year 2025 (FY25).
Given the anticipated strong FFB output in the fourth quarter (4Q25), IOI is confident of keeping its crude palm oil (CPO) production cost at RM2,100 per tonne for the full year, said Hong Leong Investment Bank (HLIB) Research.
