Category: Headline News

IOI to see better outlook in FY16

KUCHING: Analysts had a meeting with IOI Corporation Bhd’s (IOI) management last week and noted that despite the current weak CPO prices, the company was least

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IOI Corp buying oleochemicals biz in Germany for RM433m

KUALA LUMPUR: IOI Corporation Bhd is buying Cremer Oleo GmbH & Co KG entire’s oleochemicals business in Germany for 89.4mil euros (RM433.3mil)

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Weaker ringgit affects IOI Corp earnings

PETALING JAYA: Despite registering higher revenue, IOI Corp Bhd’s net profit fell 60.8% to RM159.7mil for the fourth quarter ended June 30, 2015, from RM407.5mi

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IOI Corp FY15 earnings impacted by net forex losses, lower CPO

KUALA LUMPUR: Plantation heavyweight IOI Corporation Bhd posted a set of subdued earning for the financial year ended June 30, 2015 as it was impacted by

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IOI Corp Q3 net losses at RM188m on forex loss

KUALA LUMPUR: Plantation heavyweight IOI Corporation Bhd posted a surprising net loss of RM188mil in the third quarter ended March 31, 2015. The company said on

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Empowering shea farmers

The Hershey Company has announced its partnership with IOI Loders Croklaan, a global shea butter supplier, to fund the construction of three warehouses in North

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IOI sees CPO price in RM2,150-RM2,370 range

It expects wet weather to drive down palm oil output and stock. KUALA LUMPUR: IOI Corp Bhd, whose net profit plunged to RM19.6mil in the second quarter ended De

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IOI Corp Q2 earnings slump on forex translation losses

KUALA LUMPUR: IOI Corporation Bhd’s earnings fell sharply to RM19.60mil in the second quarter ended Dec 31, 2014 from RM487.10mil a year ago due to net foreign

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