You are here

Flooding, commodity rout slash Sime Darby Q2 earnings by 47%

Friday, February 27, 2015 - 05:50

Kuala Lumpur

MALAYSIA'S Sime Darby, the world's biggest listed palm oil producer, said second-quarter net profit slid 47 per cent, hit by a commodities rout, flooding and an oversupply of competing oilseeds.

Malaysian palm oil prices, which set the tone for global prices, fell 9

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom