SOP earnings surge on higher output, sales and prices


KUCHING: Sarawak Oil Palms Bhd’s (SOP) earnings have soared, thanks to higher volume of fresh fruit bunch (FFB) output, increase in sales volume and prices of palm products.

In the first six months this year, the group’s net profit tripled to RM66.6mil from RM22.2mil in the same period last year as group revenue ballooned to RM1.2bil from RM741mil. Earnings per share rose to 15.18 sen from 5.09 sen previously.

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Utilities , Sarawak oil palms Bhd

   

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