KUALA LUMPUR: Plantation heavyweight IOI Corporation Bhd's earnings rose 70.9% to RM3.373bil in the financial year ended June 30, 2014 from RM1.973bil in the previous financial year, boosted by a one-time gain of RM1.89bil.
It said on Wednesday the significant increase was due mainly to the gain of RM1.89bil arising from the demerger of the property business from the group.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!