The strategic shift of increasing the mix of group fruit harvest as a percentage of total crude palm oil (CPO) production is paying dividends. The operational gearing of such a shift is enhanced by a strong commodity-price environment. 1H total CPO production fell by 2% but group harvested crop milled rose to 84% of total crops milled. Overlay a strong pricing environment – CPO and kernel mill-gate prices rose by 13% and 71% respectively – and the outcome was a 50% increase in gross profit, a 60 ....
