IOI Corp Bhd

1
XKLS:1961 (Malaysia)   Ordinary Shares
RM 4.05 (+0.5%) Apr 26
28.72
P/B:
2.17
Market Cap:
RM 25.12B ($ 5.27B)
Enterprise V:
RM 26.67B ($ 5.59B)
Volume:
1.97M
Avg Vol (2M):
2.60M
Also Trade In:
Volume:
1.97M
Avg Vol (2M):
2.60M

Business Description

Description
IOI Corp Bhd is a palm oil producer. Its operations include oil palm plantations and Resource-based manufacturing divisions. The plantations are monitored to check oil palm nutrient status, seed breeding, ground conditions, and other data sources to improve the efficiency of each estate. The majority of revenue from the plantations comes from sales to its manufacturing divisions. Once the oil reaches the manufacturing divisions, it can be refined to create snack ingredients, soap, plastics, fatty acids, and other oils. The products are exported worldwide to many different customers, including some multinational corporations.