SGX-listed Bumitama Agri Ltd, co-owned by Malaysian IOI Corp and Indonesian Harita Group, booked net profit of Rp890 billion last year, declined by 22.8% from 2014 due to falling prices of crude palm oil (CPO). The Company, interestingly, reported stronger performance in the fourth quarter when average price of CPO was actually lower than the previous quarters. To subscribe please click here
