Felda posted a net loss of RM1.04 bil in its financial year 2014 and has not filed its accounts for 2015.
According to data published by FGV, about 45% of its total plantation are over 20 years old, with an average plantation age 15.8 years as of 2015. To achieve the optimal crop age, FGV is planning to replant 15,000ha per annum until 2020 to bring down the average crop age to 12.7 years.
oil palm trees over 15 years will have low yeild......and too tall.....
btw, 20 years ......means useless trees