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Income of RM19mil a year anticipated
Planter sees tight supply in the oils and fats market
KUALA LUMPUR: FGV Holdings Bhd posted net profit of RM338.82mil in the second quarter ended June 30, 2021, a surge of 1,550% from with RM20.55mil a year ago due to higher palm products margins and its higher profit margins for its sugar business.
KUALA LUMPUR: Serba Dinamik Holdings Bhd has denied there was any element of related party transaction (RPT) in the undertaking of Block 7 Investments LLC when the Abu Dhabi project win was first announced in April last year.
FGV Holdings Bhd’s weaker performance in the first quarter ended March 31, 2021 was due to RM65mil losses suffered from the processing of external crops in contrast with the profit of RM48mil a year ago, a research house said.
FGV Holdings Bhd’s net losses narrowed sharply to RM35.42mil in the first quarter ended March 31,2021 as its revenue increased on higher crude palm oil (CPO) prices.
KUANTAN: The construction of the rubber gloves and personal protective equipment hub by the World Gloves International Group City and Hub Development Sdn Bhd (WGC) is set to begin in June.
KUANTAN: The construction of the rubber gloves and personal protective equipment (PPE) hub by the World Gloves International Group City and Hub Development Sdn Bhd (WGC) is set to begin this June.