Healthy 6.8% rise in Sime Q3 net profit


KUALA LUMPUR: Sime Darby Bhd's third quarter ended March 31 net profit increased 6.8% to RM876mil on the back of a 8.8% increase in revenue to RM11.03bil compared with the previous corresponding period on better results from the plantation, industrial and property divisions. Earnings per share increased to 14.58 sen from 13.65 sen previously.

For the nine-month period, net profit was up 29% to RM3.05bil on a 16.3% increase in revenue to RM33.48bil. Thus, earnings per share improved to 50.77 sen from 39.14 sen.

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