PETALING JAYA: PPB Group Bhd
's net profit for the second quarter ended June 30 surged to RM6.5bil compared with RM213.6mil year-on-year due to an exceptional gain from discontinued operations.
PPB's sale of PPB Oil Palms Bhd, PGEO Group Sdn Bhd and Kuok Oils & Grains Pte Ltd to Wilmar International Ltd was completed in the second quarter.
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