KUALA LUMPUR (Feb 24): Based on corporate announcements and news flow on Thursday (Feb 24), companies that may be in focus on Friday (Feb 25) include Genting Bhd, Genting Malaysia Bhd (GENM), Petronas Chemicals Group Bhd (PetChem), Hap Seng Consolidated Bhd, IJM Corp Bhd, Maxis Bhd, Pentamaster Corp Bhd, Petron Malaysia Refining & Marketing Bhd, QL Resources Bhd, Sarawak Oil Palms Bhd, Sime Darby Property Bhd, Tenaga Nasional Bhd (TNB), UOA Development Bhd, ViTrox Corp Bhd and WCT Holdings Bhd.
KUALA LUMPUR, Nov 26 Sarawak Oil Palms Bhd’s (SOPB) net profit for the third quarter (Q3) ended September 30, 2021 soared 70 per cent to RM125.48 million against RM73.83 million in the same quarter a year ago. Revenue for the period jumped 64 per cent to RM1.30 billion compared with RM794.88.
WHILE crude palm oil (CPO) prices hit a record high on Wednesday, with three-month futures prices closing at RM5,015 per tonne, market analysts still expect CPO prices and plantation earnings to decline in 2022.