Maybank IB sees lower earnings for plantation sector
Planters with Sabah operations, US debt exposure or relatively higher-cost producers will suffer more
PETALING JAYA: Lower earnings are expected for the plantation sector in the upcoming second quarter (Q2’18) results season, says Maybank Investment Bank (IB) Research.
This is mainly attributed to the low output, low price and weaker ringgit to the US dollar.
“Planters with Sabah operations, US debt exposure or relatively higher-cost producers will suffer more.
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