AI Summary
Sarawak Plantation Bhd reported solid 2QFY25 results with core earnings of RM20.3 million, bringing 1HFY25 earnings to RM39.8 million, meeting market expectations. Revenue remained steady despite a slight dip, supported by marginally higher CPO prices. While 1HFY25 FFB production decreased year-on-year, 2QFY25 production saw a 5.3% increase, alongside improved FFB yield and OER. Lower production costs contributed to the 7% year-on-year growth in core earnings. The company is on track to achieve its replanting target, indicating steady long-term FFB production.
Read the original article
This article has been processed for multi-language support.
Embedded View
Related Articles
MOMOYO lancar aiskrim YoFlip BATIK sempena Hari Kebangsaan
Sarawak’s population falls as fertility rate drops below replacement level, expert warns
B
Stricter vape controls in Sarawak as new law takes effect this Oct 1
B
Sabah Air Aviation in talks with AirBorneo
B