Malaysia's FGV Holdings expects higher profit margins in 2025

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KUALA LUMPUR : Malaysian palm oil planter FGV Holdings said on Friday it expected higher profit margins in 2025, boosted by improved productivity from its estates and elevated palm prices in the first half of the year. Palm prices are expected to average between 4,300 ringgit and 4,600 ringgit a metric ton in the first half of 2025 but are expected to fall in the second half, the group’s chief financial officer, Mohd Hairul Abdul Hamid, told a results briefing. Production of fresh fruit bunches

Malaysia's FGV Holdings expects higher profit margins in 2025 https://www.channelnewsasia.com/ - 28.02.2025 14:00

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Malaysia's FGV Holdings expects higher profit margins in 2025 https://www.channelnewsasia.com/ - 28.02.2025 14:00