皇冠体育寻求亚洲战略合作伙伴,皇冠代理招募中,皇冠平台开放会员注册、充值、提现、电脑版下载、APP下载。

首页社会正文

皇冠官网开户:Boustead Plantations' net profit up 51% amid higher CPO prices

admin2022-08-264

皇冠网址www.hg9988.vip)是一个开放皇冠网址即时比分、皇冠网址代理最新登录线路、皇冠网址会员最新登录线路、皇冠网址代理APP下载、皇冠网址会员APP下载、皇冠网址线路APP下载、皇冠网址电脑版下载、皇冠网址手机版下载的皇冠网址平台。

KUALA LUMPUR: Boustead Plantations Bhd’s (BPB) net profit rose 51 per cent to RM73.22 million in the second quarter (Q2) ended June 30, 2022, from RM48.38 million in the same quarter last year.

Revenue increased 44 per cent to RM348.96 million from RM242.78 million previously due to an increase in palm products prices, which led to the profit from operations of RM112.5 million, the plantation group said in a filing with Bursa Malaysia today.

In Q2, the average crude palm oil (CPO) price stood at RM6,611 per tonne, higher than last year’s corresponding quarter of RM4,014 per tonne by 65 per cent.

The highest monthly average CPO price of RM6,857 per tonne was recorded in May 2022, which surpassed last quarter’s highest monthly average CPO price of RM6,780 per tonne recorded in March 2022.

Chief executive officer Zainal Abidin Shariff said the group’s latest performance was an outcome of the continuous efforts done in its yield performance initiatives, particularly the ongoing Plantations Performance Improvement Programme (PPIP), in addition to the group’s ability to manage cost-effectively.

However, adverse weather and labour shortages continued to impact the group’s yield performance, he said.

"In the current quarter, the increase in diesel prices is among factors affecting our production cost.

,

皇冠官网开户www.hg108.vip)是一个开放皇冠正网即时比分、皇冠官网开户的平台。皇冠官网开户(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP。

,

"Nevertheless, proactive measures that we have undertaken under the PPIP allowed us to offset the impact,” he said.

On prospects, Zainal Abidin said the current price of palm oil is expected to experience a further correction in the second half of 2022, as stock levels are expected to be high due to factors of Indonesia lifting its export ban and increased quota on export, the ongoing Ukraine-Russia conflict and global climate change.

"The group is expected to achieve reasonable improvement in crop production in line with the progress of PPIP and Boustead Group’s Reinventing Boustead Strategy.

"We foresee that the production cost to be higher in the second half of 2022 due to the impact of minimum wages and increase in the fertiliser prices,” he added.

The board of directors has declared a second interim single-tier dividend of 2.75 sen per share for the year ending Dec 31, 2022, payable on Sept 27, 2022. - Bernama


转载说明:本文转载自Sunbet。

网友评论