UIE's Annual Report 2023
On 29 February 2024, UIE Plc. ("UIE") announced its Annual Report 2023. In 2023, UIE’s net result was USD 120.6 million compared to a net loss of USD 22.1 million in 2022, reflecting another record-high result from UP as well as a significant fair value increase of the Schörling investment. UIE's Business Reporting Highlights 2023: UP: · UIE's share of UP's result increased by 13% to USD 74.3 million in 2023 · UP reported a record-high net profit of MYR 711.0 million due to higher production volumes of CPO and PK as well as higher selling prices of CPO · In local