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IOI Corp expects single-digit growth in palm oil production for FY27

PUTRAJAYA: IOI Corporation Bhd expects its palm oil production to register single-digit growth in the financial year ending June 30, 2027 (FY2027), supported by higher fresh fruit bunch production and an improved oil extraction rate.

The Star MalaysiaThe Star查看原文 ↗
IOI公司预计2027财年棕榈油产量将实现个位数增长。

IOI Corp group managing director and chief executive officer Datuk Lee Yeow Chor — LOW BOON TAT / The Star

PUTRAJAYA: IOI Corporation Bhd expects its palm oil production to register single-digit growth in the financial year ending June 30, 2027 (FY2027), supported by higher fresh fruit bunch production and an improved oil extraction rate.

Group managing director and chief executive officer Datuk Lee Yeow Chor said the growth would also be driven by young mature plantations entering a more productive phase.

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