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DESPITE the environmental, social and governance (ESG) concerns about the palm oil industry, it is a massive sector that has grown tremendously in production and exports, more so when crude palm oil (CPO) prices hit record highs like nowadays
KUALA LUMPUR: Dagang NeXchange Bhd's (DNeX) net profit for the first quarter ended Sept 30, 2021(Q1 FY2022) stood at RM293.56 million, while revenue came in at RM270.87 million.
KUALA LUMPUR: Genting Plantations Bhd’s net profit for its third quarter ended Sept 30, 2021, surged to RM102.22mil from RM61.38mil in the previous corresponding period, while revenue increased to RM732.82mil from RM645.56mil a year earlier.
KUALA LUMPUR: Genting Plantations Bhd’s (GENP) net profit jumped to RM102.23 million in the third quarter ended Sept 31, 2021 (Q3 FY2021), from RM61.38 million recorded in the same quarter in 2020.
PETALING JAYA: The retail price RON97 petrol will be decreased by 3 sen whereas RON95 as well as diesel remain unchanged from Nov 25 to Dec 1, says the Finance Ministry.
KUALA LUMPUR: KNM Group Bhd pulled into the red as it posted a net loss of RM32.51mil for the third quarter of its financial year ending Dec 31, 2021, on the back of revenue of RM326.38mil.
KUALA LUMPUR: The ringgit slipped further to open lower against the US dollar on Wednesday as the greenback maintains its bullish move ahead of the United States' (US) economic data release, an analyst said.
NEW YORK: Oil prices rose to a one-week high on Tuesday after a move by the United States and other consumer nations to release tens of millions of barrels of oil from reserves to try to cool the market fell short of some expectations
PETALING JAYA: Petronas Chemicals Group Bhd (PetChem) will be paying RM800mil in special dividends as the group’s latest quarterly net profit surged to a record high, driven by stronger petrochemical product prices.
KUALA LUMPUR: The ringgit opened lower against the US dollar on Monday as the greenback continues to strengthen amid concerns of growing inflation, coupled with lower oil price, a dealer said.