Live Breaking News & Updates on சிபோ|Page 6

Stay updated with breaking news from சிபோ. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Genting Plantations records 1Q net profit of RM63.73mil


Earnings per share was 7.1 sen as compared to 10.18 sen in the year-ago quarter.
Group revenue for the quarter under review was RM536.58mil, a 6% drop from RM569mil in the comparative quarter.
Genting Plantations said in a statement that its downstream manufacturing recorded an Lbitda of RM5.9mil as compared to Ebitda of RM14.1mil in the previous corresponding quarter.
The outlook for the Downstream Manufacturing segment for the rest of this year will remain challenging due to the unfavourable palm oil-gas oil (POGO) spread and squeezed margins for its products.
Nevertheless, the demand for refined palm products is expected to be sustained given its competitive pricing vis-à-vis other substitute soft oils, it said. ....

Kuala Lumpur , Genting Plantations , Downstream Manufacturing , Corporate News , குவாலா லம்பூர் , கெண்டிங் தோட்டங்கள் , கீழ்நிலை உற்பத்தி , பெருநிறுவன செய்தி ,