INNOPRISE PLANTATIONS BERHAD
Last Price: 1.06
TTM Dividend Yield : 8.02%
Coming Quarter Report: ~ 2021-05-27
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Sector: Paper & Forest Products
Innoprise Plantations Berhad is a Malaysia-based company, which is engaged in investment holding and provision of management services to its subsidiary. The Company’s segments include Palm and bio-integration, Timber and Corporate. The Palm and bio-integration segment is engaged in the cultivation of oil palm, manufacture and sale of crude palm oil and palm kernel, and generation and supply of electricity from a biomass plant. The Timber segment is engaged in log extraction services. The Corporate segment includes corporate services and treasury functions. The Company’s subsidiaries include Serijaya Industri Sdn. Bhd., which is a log extraction contractor and is also engaged in the operation of oil palm plantations and palm oil mil, and IPB Bio Energy Sdn. Bhd., which is a producer and supplier of renewable energy.
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In financial accounting, operating cash flow (OCF), cash flow provided by operations, cash flow from operating activities (CFO) or free cash flow from operations (FCFO), refers to the amount of cash a company generates from the revenues it brings in, excluding costs associated with long – term investment on capital items or investment in securities.(From Wiki)
Innoprise Plantations Bhd is engaged in the business of cultivation of oil palm. The company operates through three segments namely Palm and bio-integration, Timber and Corporate. It’s Palm and bio-integration segment is involved in the cultivation of oil palm, manufacture and sale of crude palm oil and palm kernel, and generation and supply of electricity from a biomass plant. The Timber segment includes services related to log extraction. Its Corporate segment consists of corporate services and treasury functions.