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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!