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
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, properties and motors, saw a net profit of RM571 million (S$181 million) for the fourth quarter ended June, versus RM1.2 bi…
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