Durian planter PLS 9695 PLS PLANTATIONS BERHAD records highest YTD monthly crop output
KUALA LUMPUR (June 12): Durian planter PLS Plantations Bhd's monthly crop output rose to its highest year-to-date (YTD) in 2022 after climbing past 8,000 tonnes in May 2022 at the onset of Malaysia's annual durian season during which fruit traders are expecting an increase in business on demand for the king of fruits.
According to PLS' Bursa Malaysia filings, PLS, which also cultivates oil palm, achieved a crop production of 8,292.68 tonnes in May 2022 compared with 7,043.34 tonnes a month earlier.
PLS however did not elaborate on its monthly crop output changes.
Looking back, PLS' latest-reported crop output data of 8,292.68 tonnes, which was filed with Bursa on Friday (June 10, 2022), was the highest YTD since January 2022 when PLS' crop production fell to 5,447.15 tonnes from 8,952.64 tonnes in December 2021.
According to reports, Malaysia's annual durian season usually starts in May before gradually progressing across the country until August.
It was reported that durian variants sold in Malaysia include the Musang King, D13 and D101 and these variants are sold at between RM10 and about RM50 a kilogramme.
According to PLS' website, PLS undertakes in upstream and downstream durian operations via operating entity Dulai Fruits Enterprise Sdn Bhd.
"[Dulai is involved in the] sourcing and collection of durian at [the] central and northern regions of Peninsular Malaysia, processing and trading of frozen whole fruit durian, durian paste and durian pulp.
"[Dulai, which has] two durian processing facilities in Raub (Pahang) and Melaka [is also a] licensed exporter to China, Japan, Australia, and USA," PLS said.
On Bursa, PLS shares were untraded on Friday (June 10) after closing unchanged on Thursday (June 9) at RM1 with 2,000 shares transacted.
At RM1, PLS has a market value of about RM399.66 million based on the company's 399.66 million outstanding shares, according to PLS' latest quarterly financial report.
http://www.theedgemarkets.com/article/pls-plantations-records-highest-ytd-crop-output-durian-season-starts
Singapore Investment
-
-
-
-
-
ByteDance bites down hard on genAI1 hour ago
-
-
-
-
-
-
-
5 Singapore Stocks Under Pressure8 hours ago
-
-
QAF #77 - 2023 Annual Report10 hours ago
-
-
-
-
-
-
-
-
The Secret To Investing1 day ago
-
-
-
-
-
-
-
-
-
-
-
The Green U-Turn2 days ago
-
-
-
Week Ahead3 days ago
-
Burnt out!3 days ago
-
-
-
-
Feb 2024 Expenditure4 days ago
-
-
-
-
-
-
-
Not Worth It5 days ago
-
Trip to Legoland5 days ago
-
-
-
-
-
-
-
-
-
-
Starting Our Second Property Cycle1 week ago
-
-
-
Position Update1 week ago
-
-
Finance Investment Movement 431 week ago
-
-
-
-
-
MAS Singapore Gold Vault2 weeks ago
-
-
Gaining And Holding2 weeks ago
-
-
-
-
Book Giveaway- Winners2 weeks ago
-
-
ICYMI: Corporate Connect with Singpost2 weeks ago
-
-
Just sold at record high!3 weeks ago
-
-
-
-
-
-
-
-
-
Monthly IBKR Update – Feb 20243 weeks ago
-
-
Feb 2024 Portfolio3 weeks ago
-
Rethinking my financial targets for 20243 weeks ago
-
-
-
-
-
Summary of February 20244 weeks ago
-
Portfolio (Feb 29, 2024)4 weeks ago
-
Portfolio -- Feb 20244 weeks ago
-
The Market Is A Scam!4 weeks ago
-
-
-
-
-
-
-
-
-
-
-
Today’s Deal of the day – Max Miles5 weeks ago
-
-
Options Trading Journal Jan 20241 month ago
-
-
-
-
-
-
-
-
-
-
-
End of 2023 Review2 months ago
-
-
Year 2023 DIYQuant Portfolio Performance Report2 months ago
-
Monthly Summary of November 20233 months ago
-
3 Simple Poker Strategies for Beginners3 months ago
-
Migration of website4 months ago
-
-
Abandon REITS?4 months ago
-
-
-
-
-
-
-
-
-
August 2023 Portfolio Updates6 months ago
-
-
-
-
Hello SP Group, I'm Back!9 months ago
-
-
-
-
I am in debt9 months ago
-
A New Light10 months ago
-
-
-
-
-
-
-
Demoralized1 year ago
-
2022 Thoughts, Hello 2023!1 year ago
-
Series of Defaults for Maple Finance1 year ago
-
Takeaways from “Sea Change”1 year ago
-
-
Greed is Coming Back1 year ago
-
-
-
-
-
-
-
-
-
-
-
What is Overemployment1 year ago
-
-
-
-
-
-
-
-
-
-
-