IOI net profit soars 173% in Q2

By LAALITHA HUNT

laalhunt@thestar.com.my

PETALING JAYA: IOI Corp Bhd reported a 173% surge in net profit to RM461.2mil for the second quarter ended Dec 31, 2009 due to higher contributions from its property and manufacturing segments as well as unrealised translation gains on US dollar-denominated borrowings.

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