Sarawak Oil Palms 1Q net profit increases 2.7 times on higher palm oil output, prices
Sarawak Oil Palms Bhd's net profit increased 2.7 times to RM68.54 million or 12.02 sen a share in the first quarter ended March 31, 2017 (1QFY17) from RM25.03 million or 5.67 sen a share a year ago, mainly due to higher fresh fruit bunch (FFB) production volume coupled with favourable realised price.