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Hap Seng Plantations’ 3Q profit up 46.5%, eyes efficiency amid rising costs

The Star LogoThe Star2h ago

Hap Seng Plantations’ 3Q profit up 46.5%, eyes efficiency amid rising costs - The Star

Quick Summary:

KUALA LUMPUR: Hap Seng Plantations Holdings Bhd will focus on enhancing operational efficiency to offset rising production costs while maintaining good plantation practices to boost fresh fruit bunches [FFB] yield and extraction rates.

Hap Seng Plantations’ 3Q profit up 46.

However, this impact is expected to be partially offset by the proposed RM150 increase in the windfall tax levy threshold price for Sabah, set to take effect on Jan 1, 2025.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 17:35:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 386 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 23717614

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 50 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 33 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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The story "Hap Seng Plantations’ 3Q profit up 46.5%, eyes efficiency amid rising costs" was covered 2 hours ago by The Star, a news publisher based in Malaysia.

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  • URL: https://beamstart.com/news/hap-seng-plantations-3q-profit-17320958811900

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