The 2nd QTR results should be out by this week. The 2nd QTR results would most likely be much better than the 2nd QTR results of last year judging by the QTR results of other plantation companies just reported. Most likely the dividend for this financial year will be higher compared to last year assuming a payout ratio of 60% and a higher earnings for the financial year.
KUALA LUMPUR (Aug 26): Hap Seng Plantations Holdings Bhd’s (KL:HAPSENG) net profit almost tripled to RM27.67 million for the second quarter ended June 30, 2024 (2QFY2024), from RM9.42 million a year ago, driven by higher average selling price (ASP) of all palm products, higher sales volume of crude palm oil (CPO) and lower operating expenses.
Hap Seng Plantations Holdings focuses on sustainable agriculture and palm oil production. With Bloxstrap, investors can track performance, engage with stakeholders, and explore growth opportunities in the plantation sector efficiently.https://getbloxstrap.app/download/
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Followgrass
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Posted by Followgrass > 2024-08-26 10:31 | Report Abuse
When the QR out ?