KUCHING: Sarawak Oil Palms Bhd’s (SOP) quarterly earnings have taken a plunge due to lower palm oil products prices and drop in production volume of fresh fruit bunches (FFB) from its plantations.
In the three months eneded March 31, 2015, group pre-tax profit fell to RM8mil from RM49mil a year ago despite improved revenue of RM630.9mil from RM546.7mil. Earnmings per share slipped to 1.24 sen from 7.68sen previously.
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