KUALA LUMPUR: IOI CORPORATION BHD [] expects its financial performance for the current financial year ending June 30, 2012 (FY2012) to be better than FY2011.
Its group executive director Datuk Lee Yeow Chor said on Monday, Oct 24 the optimism was based on the improved profitability in its resources based manufacturing division, underpinned by lower crude palm oil prices.
At midday, CPO for third month delivery was up RM10 to RM2,892 per tonne.
Its group executive director Datuk Lee Yeow Chor said on Monday, Oct 24 the optimism was based on the improved profitability in its resources based manufacturing division, underpinned by lower crude palm oil prices.
At midday, CPO for third month delivery was up RM10 to RM2,892 per tonne.
