PETALING JAYA: PPB Group Bhd’s net profit for its fourth quarter ended Dec 31, 2013 slipped 8.3% to RM280.69mil from RM305.99mil in the previous corresponding period, mainly due to lower profit contribution from its associate company, Wilmar International Ltd.
Revenue during the quarter meanwhile rose to RM900.19mil from RM782.62mil a year earlier. For the full financial year, the company’s net profit increased to RM994.22mil from RM842.15mil ipreviously, while revenue rose to RM3.31bil from RM3.02bil previously.
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