KUALA LUMPUR: Lower crude palm oil (CPO) prices and weak performance in its other core divisions dragged down Sime Darby Bhd
’s second-quarter net profit by 65.2% to RM278.5mil compared with RM800.02mil a year earlier.
Revenue for the quarter ended Dec 31 eased to RM7.3bil from RM8.1bil before while pre-tax profit shrank to RM395.5mil from RM1.2bil.
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