PETALING JAYA: United Malacca Bhd
said its pre-tax profit and revenue fell to RM24.59mil and RM44.34mil respectively for the second quarter ended Oct 31 as lower crude palm oil and palm kernel prices, and lower fresh fruit bunch (FFB) production hit its plantation operations.
Net profit, however, was higher at RM19.35mil as the lower plantation profit was partially cushioned by higher investment income, the company said in a filing with Bursa Malaysia yesterday. Earnings per share increased to 14.44 sen from 14.21 sen previously.
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