Indonesia plantation earnings to start contributing by FY11. QL’s 74.5%-owned plantation is expected to start contributing more meaningfully to the plantation division (>60% of plantation earnings) by FY13 arising from the maturing age profile of its plants and additional milling profits from the operation of its CPO mill in Indonesia (3rd CPO mill for the group), which is expected to be completed by Dec 2011.
QL Resources Berhad : Pathway Paved For QL’s Next Growth Phase - 08/07/2010
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