Revenue of IOI Group FY 2015-2023
The revenue of the IOI Corporation Berhad in financial year 2023 reached approximately 11.58 billion Malaysian ringgit, showing a decrease from the previous year. IOI's biggest income was generated from their palm oil plantations, and the Malaysian company is one of the world's largest palm oil companies. Besides owning refineries in the US and the Netherlands, IOI also owns palm oil plantations in Indonesia, with Bumitama Gunajaya Agro as its associate company.