You are here

Sime Darby's Q4 profit more than halved from a year ago

It drops to RM571 million this Q4, compared to RM1.2 billion a year ago, due to weak industrial, logistic businesses

BT_20170826_SIME26_3056521.jpg
"The group's fresh fruit bunch production is expected to be stronger in the second half of 2017 compared to 2016, due to improved weather conditions." Sime Darby

Kuala Lumpur

MALAYSIA'S Sime Darby Bhd, the world's largest oil palm planter by land size, on Friday said its quarterly net profit more than halved from a year ago on weak performances at its industrial and logistics businesses.

The conglomerate, whose interests include plantations

sentifi.com

Market voices on:

Powered by GET.comGetCom