Sime Darby Plantation (SIMEPLT)’s FY23 results disappointed. Its 4QFY23 performance was weighed down by weaker CPO prices, mixed FFB outputs and higher costs in overseas operations. Its Malaysian operations recovered with optimum workforce amidst a fruitful season in 4Q but Indonesia and PNG weakened. Kenanga Investment Bank Berhad (Kenanga Research) in its Results Note today […]
Sime Darby Plantation (SIMEPLT)’s FY23 results disappointed. Its 4QFY23 performance was weighed down by weaker CPO prices, mixed FFB outputs and higher costs in overseas operations. Its Malaysian operations recovered with optimum workforce amidst a fruitful season in 4Q but Indonesia and PNG weakened. Kenanga Investment Bank Berhad (Kenanga Research) in its Results Note today […]