By mystock
Sime Darby - FY09 earnings to be hit by low CPO price
We expect Sime Darby’s (Sime) 4QFY09 and FY09 results to meet our expectations. Any surprise would be on the downside, coming from potential provisioning/losses at its projects in Qatar.Lower contribution from plantation division. Sime’s plantation division is its largest division, contributing about...
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