Planters likely to record better yields in FY24

TheStar Tue, May 21, 2024 12:00am - 3 weeks View Original


PETALING JAYA: Increasing cost pressures warrant planters to further boost their yields, and this move could also improve profits significantly, says Maybank Investment Bank (Maybank IB) Research.

The research house in its latest report said the operating cost per mature ha for regional planters has risen since the financial year 2014 (FY14).

“It was gradually initially, but more rapidly in the past two years due to higher wages and higher fertiliser cost with a lagged impact,” it added.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

GENP 6.040
HSPLANT 1.790
IOICORP 3.770
KLK 20.500
SDG 4.220
SOP 2.880
TAANN 3.920
THPLANT 0.665
TSH 1.160
UTDPLT 24.000

Comments

Login to comment.