Palm Oil Production Seen Surging in Malaysia as Workers Return, Says IOI Corp Plantations Director
Palm oil supply in Malaysia is set to soar as a labour crunch eases in the world’s second-biggest producer, paving the way for a bumper crop in the second half of the year, said a senior plantation executive.
IOI Corp Expects Operating Environment to Remain Challenging
PETALING JAYA: IOI Corp Bhd expects the foreign exchange (forex) rate to remain volatile during the next three months and anticipates the risk of it strengthening further to be lower, in light of the potential pause in the increase of US treasury rates.
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IOI Corp Sees 44% Rise in 2Q Net Profit, Declares Six Sen Dividend
KUALA LUMPUR (Feb 28): IOI Corp Bhd's net profit rose 43.95% to RM712.1 million for the second quarter ended Dec 31, 2022 (2QFY2023), from RM494.7 million a
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IOI Group’s Withdrawal as a Member of the High Carbon Stock Approach (HCSA)
On 27 December, 2022, IOI Corporation (IOI) informed The High Carbon Stock Approach (HCSA) Secretariat about our decision to withdraw from the HCSA membership w
ESG Adoption Provides IOI Corp With Competitive Advantage
IOI Corp Bhd, one of the world’s largest integrated palm oil producers, bagged the gold award under the plantation category at The Edge Malaysia ESG Awards 2022
IOI Corp Q1 Net Profit Comes In At RM618.5mil
PETALING JAYA: IOI Corp Bhd got off to a strong start, with a core net profit of RM618.5mil in the first quarter of the financial year 2023 (1Q23), up 4.6% quar
IOI Corp Posts Lower Net Profit for 1QFY2023 as Plantation Earnings Fall 30%
KUALA LUMPUR (Nov 25): Plantation-based group IOI Corp Bhd reported a lower net profit by nearly 40% at RM167.5 million for the first quarter ended Sept 30, 202
Ongoing Supply Risk, Improving Demand Brightens Prospects for CPO Prices - Dato' Lee Yeow Chor
IOI Corporation Berhad Group Managing Director and Chief Executive Datuk Lee Yeow Chor Crude palm oil (CPO) prices are expected to be continuously supported by