.jpg)
IOI Corp Registers RM37.2mil Net Profit in 4Q
IOI Corporation Bhd (IOI Corp) recorded a lower net profit of RM1.11 billion for the financial year ended June 30, 2023 (FY2023) from RM1.72 billion in FY2022. In a filing with Bursa Malaysia, it said revenue also declined to RM11.58 billion against RM15.58 billion previously.
IOI Corporation Berhad and PETRONAS Win 2023 ASEAN Enterprise Innovation Award, Showcasing Projects that Build Internal Digital Capabilities
IOI Corporation Berhad and Petroliam Nasional Berhad (PETRONAS) emerged as the winners from Malaysia and received their awards at the AIBP Conference and Exhibition, held on 4 - 5 July 2023, at the InterContinental Kuala Lumpur.
IOI Corp On Track Towards Sustainability Initiative
PETALING JAYA: IOI Corp Bhd’s Gomali estate mill and Palm Wood plant in Johor is not expected to contribute significantly to the group earnings in the initial years.
Palm Oil Production Seen Surging in Malaysia as Workers Return, Says IOI Corp Plantations Director
Palm oil supply in Malaysia is set to soar as a labour crunch eases in the world’s second-biggest producer, paving the way for a bumper crop in the second half of the year, said a senior plantation executive.
IOI Corp Expects Operating Environment to Remain Challenging
PETALING JAYA: IOI Corp Bhd expects the foreign exchange (forex) rate to remain volatile during the next three months and anticipates the risk of it strengthening further to be lower, in light of the potential pause in the increase of US treasury rates.
.jpg)
IOI Corp Sees 44% Rise in 2Q Net Profit, Declares Six Sen Dividend
KUALA LUMPUR (Feb 28): IOI Corp Bhd's net profit rose 43.95% to RM712.1 million for the second quarter ended Dec 31, 2022 (2QFY2023), from RM494.7 million a
.jpg)
IOI Group’s Withdrawal as a Member of the High Carbon Stock Approach (HCSA)
On 27 December, 2022, IOI Corporation (IOI) informed The High Carbon Stock Approach (HCSA) Secretariat about our decision to withdraw from the HCSA membership w
ESG Adoption Provides IOI Corp With Competitive Advantage
IOI Corp Bhd, one of the world’s largest integrated palm oil producers, bagged the gold award under the plantation category at The Edge Malaysia ESG Awards 2022