KUALA LUMPUR: Felda Global Ventures Bhd's (FGV) earnings rose 21.7% to RM980.99mil in the financial year ended Dec 31, 2013 from RM805.95mil a year ago, boosted by fair value gain and fair value changes in the land lease agreement (LLA) liability.
The plantations giant reported on Wednesday that for FY13 profit after tax from continuing operations rose 30.2% to RM1.1bil. Profit before tax rose to RM1.5bil. Its revenue, however, fell 2.4% to RM12.56bil from RM12.88bil.
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