Sime earnings seen higher in second half


PETALING JAYA: Sime Darby Bhd is expected to deliver higher earnings in the second half of its current financial year, ending June 30, 2014, boosted by its plantation and property segments.

Kenanga Research said with the current crude palm oil prices (CPO) at above RM2,700 per tonne, Sime Darby was expected to chalk up better earnings in the second half given that its plantation segment was the group biggest contributor.

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Business , sime darby , analysts , palm oil , oil palm

   

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