PPB Group net profit down 38% to RM144.2mil


KUALA LUMPUR: PPB Group Bhd’s first quarter ended Mar 31, 2014 net profit fell 38% to RM144.27mil from RM236.34mil a year ago by lower profit contribution from an associate, Wilmar International Limited.

In a Bursa Malaysia filing on Wednesday, the group said its revenue rose 15.6% to RM883.18mil from RM763.84mil a year ago from its flour and feed milling, and grains trading segment,

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

PPB Group , net profit , earnings , palm oil , kernel , flour , Wilmar

   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Kelington to reap the benefits of a diversified business strategy
Rising data centre ability
Making scents of success
Investors brace for 5% Treasury yields
Are there too many GPs and is the healthcare system overwhelmed?
Sapura Energy takes a step to turn the tide
Japan frets over relentless yen slide as BoJ keeps ultra-low rates
Singapore’s growth trajectory remains intact

Others Also Read