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Sime Darby Q1 profit up 2.4% at RM500.7m

CHEAPER PALM OIL: Prices fell in part because of bumper soyabean harvests in the US and South America, and good supply from Malaysia and Indonesia.

Kuala Lumpur

DESPITE a nearly 9 per cent fall in the price of crude palm oil between July and September, Malaysian multinational Sime Darby has reported a 2.4 per cent  rise in earnings for the period, boosted by productivity gains at its plantation division and robust sales at its motor...