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Bumitama Agri Q4 profit up 26% to 261b rupiah

Fiona Lam

Fiona Lam

Published Tue, Feb 18, 2020 · 09:50 PM
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Singapore

AN improvement in palm oil prices towards the end of last year gave a boost to Bumitama Agri's fourth-quarter earnings.

The Indonesian palm oil producer on Tuesday posted a 26.1 per cent increase in net profit to 261.46 billion rupiah (S$26.6 million) for its Q4 ended Dec 31, from 207.37 billion rupiah a year ago.

KEYWORDS IN THIS ARTICLE

Palm oil

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