FGV posts higher Q4 profit, eyes 'eventful' year ahead

The world's largest producer of crude palm oil, Malaysia's FGV Holdings, reported on Friday a rise of 87.9% in fourth-quarter profit, boosted by higher crude prices and better sales, but flagged caution over an "eventful" 2021.

FGV said profit for the October-December period rose to RM134.9 million from RM71.8 million from a year earlier...