Regardless of how well it's performing, when a company carries a high finance cost (primarily the interest paid on debt), it essentially has a "heavy backpack" that it must carry. While debt can fuel growth, if the costs become too high, it creates a domino effect across the business. A typical example is Presco Plc which grapples with a growing interest burden.
From an agricultural standpoint, Presco Plc is in its prime. Global demand for crude palm oil (CPO) remains robust, and the company has mastered the art of vertical integration. It
